Characteristic, income-generating core house in the Lugano area

• For Sale
• CHF 990.000
• 200 m²Area

Bright core house of approx. 200 sqm gross, built in the municipality of Lugano in 1950 and renovated over the years. Developed on 4 floors divided into 4 individual flats, all of which generate excellent income:

• A studio apartment

• Two 2.5-room flats

• A 3.5-room top-floor apartment with terrace and open view

The flats are arranged as follows:

• GROUND FLOOR: one-room apartment of 27 sqm with living room/bedroom, kitchen and bathroom with bathtub Currently in income for CHF 600. Technical room with laundry and 4 small cellars.

• FIRST FLOOR: 2.5 room apartment of 45 sqm with living room, bedroom, kitchen and bathroom with tub. Currently in income for CHF 1’100.

• SECOND FLOOR: 2.5 rooms of 45 sqm composed of atrium, living room, double bedroom, kitchen and bathroom with tub. Currently in income for CHF 1’100.

• THIRD FLOOR: 3.5-room apartment of 60 sqm terrace of approx. 11 sqm, consisting of living room, kitchen, one double bedroom, one single bedroom and a bathroom with tub. The latter flat is currently not rented out, but can be rented out for approx. CHF 1’400 per month.

The total monthly income amounts to approx. CHF 4’200

The house enjoys good sun exposure despite being in the nucleus, the large windows ensure good natural light all day long, the floors inside the units are tiled with excellent material, the communal staircase is made of original granite, the white PVC double glazed windows and doors give the property excellent thermal and acoustic insulation and in 2013 the kitchens were completely replaced and the roof was renovated.

The heating is supplied by an air-water thermopump and distributed through radiators.

An excellent investment for income, located just a few metres from the bus stop, kindergarten and primary school and a few minutes from the secondary school, motorway access and supermarkets. The house has no parking spaces of its own but there is a loading and unloading area in front of the entrance. However, there are several communal parking spaces 50 m away in the communal car park.