12 Income Generating Units

We offer for sale in Genestrerio 12 residential units in a residential and commercial PPP building totaling 16 units. The building was constructed in 2015 and is located in a strategic position, in the center of the municipality and in the traditional nucleus area. All services such as schools, shops, highway connections, and a well-organized postal service are in the immediate vicinity. The apartments are barrier-free. The building meets Minergie criteria but is not certified. Description of apartments: Ground floor 2 apartments with 4.5 rooms with assigned garden 1st floor 5 apartments from 2.5 to 5.5 rooms some with terrace 2nd floor 5 apartments from 3.5 to 5.5 rooms some with terrace 33 convenient parking spaces (indoor/outdoor). Each apartment is equipped with a washing machine connection in the apartment. There is a common laundry available. Currently, 11 units are rented. 1 single apartment is vacant. Potential annual net income CHF 250,000.-- approx. Yield at 4% It is also possible to purchase the entire building, adding to the sale the commercial units and a 2.5-room apartment, both already rented, along with the respective parking spaces. In this case, it is necessary to add CHF 1,400,000.- to the displayed sale price. The yield remains very interesting and in line with the market. Distances: From Chiasso: 10 km From Lugano: 21 km