Balerna

Rif. 12322

Interesting investment opportunity in Balerna: multi-family building composed of 6 apartments (4.5 rooms each) with garages, in a sunny location with views over the surrounding hills. The building, constructed in the 1960s by the Swiss Federal Railways (SBB) and very well maintained, is located in the lower area of the Municipality of Balerna. In the immediate vicinity there are two sports fields, the motorway entrance, and the main shopping centers. Schools are located in the village center, and just a few steps away there is the bus stop providing regional transport services. Between the 1980s and 1990s, several important renovation works were carried out: external façade cladding with synthetic plaster, replacement of all window frames, installation of new kitchens, mailboxes with intercoms, replacement of the main entrance doors and the bicycle storage room. Since 2010, the property has undergone a general renovation program. In 2011, the synthetic plaster of all external façades (including balconies) was completely redone, and all common internal areas (staircases, cellars, laundry room, technical room and bicycle storage) were repainted. The glass blocks in the stairwell were fully replaced. All balcony sun awnings, including the side ones, were installed. A new washing machine was also installed in the shared laundry room for tenants’ free use. In 2015, the property was connected to the new fiber optic network (AGE – Chiasso). In 2016, all PVC window frames with double glazing were replaced. Finally, between 2011 and 2020, the floors, doors, bathrooms and kitchens of 4 apartments were completely renovated. Each apartment (4.5 rooms, approx. 85 sqm) is distributed over three floors and benefits from a portion of outdoor lawn for private garden/vegetable use. In the basement: 6 cellars, laundry room, drying room, bicycle storage, tank room and oil burner room. Garage block consisting of 6 closed metal garages plus 6 outdoor parking spaces.