This versatile property in Biel offers an exciting opportunity for investors, developers or owner-occupiers with a vision. The existing apartment building includes several 3-room apartments as well as additional ancillary areas and numerous garages. Thanks to its existing structure, the property is suitable both as a classic investment property and for future repositioning or expansion.The building has a certain need for renovation, which results in attractive opportunities to increase value. The current use can be optimized and adapted to today's housing needs.With a plot area of around 995 m² and the existing structural reserve, this property offers long-term development potential in a sought-after urban environment. Benefit and see for yourself This PREMIUM HOMES offer offers: Multi-family house with several residential units Apartments with a good basic structure 8 garages as a stable source of income Outdoor parking Combination of cash flow and value appreciation Fireplace available in all apartments Expansion and development potential Structural reserve available Existing rental income available Attractive location in Biel Proximity to infrastructure and transport Interesting return potential after renovation Spacious plot area of approx. 995 m² Net living area 360 m² Gross living area 425 m²Interested? We would be happy to guide you through a non-binding viewing You want to sell your house or apartment carefree? We tell you the current market value of your property, discreetly and without obligation Are you interested in an initial non-binding exchange of ideas? Do not hesitate to contact us. We look forward to seeing you.