Investment property in the "Gundeli" – fully let residential and commercial building

Attractive investment opportunity in the heart of Basel-Stadt
Welcome to the popular Gundeldinger Quartier! This well-kept apartment building convinces with an ideal mix of residential and commercial use, first-class rentability and a solid state of maintenance.

The property at a glance:

Apartment mix: 5 charming 2-room apartments & 4 spacious 3-room apartments.
Commercial: 3 versatile commercial rooms on the ground floor and 1st floor.
Area: A total of approx. 809 m² of total rentable space.
Income: Annual net rental income of CHF 158,076.
Status: The property is fully let (no vacancy).

Condition: The property is in a well-maintained condition. Thanks to the continuous maintenance and the popular location, this property represents a sustainable and stable investment.

The following renovations have been carried out in the past:

1989: Installation of new kitchens
1992: Installation of new windows with insulating glazing, renovation of the sanitary rooms on the ground floor and 1st floor (kindergarten)
1995: Installation of new heating and boiler
2000: Building renovation: façade plastering and exterior insulation, flat roof renovation, tinsmith work, installation of new bathrooms with new supply and disposal pipes, new electr. Installations, renovation of stairwell.
2018: Lift completely refurbished Payload 320kg 4 persons