Residential building

CHF 2'000'000.-

1870 Monthey
233 m²

MONTHEY - Unique prestigious building with several apartments

Acor Immobilier exclusively offers you a unique building in the heart of Monthey, comprising several residential units. It offers an attractive return with the option to reside there or create new units.

Ideally located at the gateway to the city center and close to all amenities, this characterful building will appeal to both investors and individuals looking for a secure and scalable investment property. Shops are less than a five-minute walk away, the CFF train station is just 400 m away, and the A9 motorway can be reached in less than ten minutes. An ideal location, perfectly connected.

Built in 1940, the building sits on a wooded plot with a garden, several terraces, a vegetable garden, a greenhouse, a shed, and six outdoor parking spaces. Several renovations have already been carried out, including the replacement of windows with triple glazing, the installation of a new boiler in the technical room, and the complete renovation of the facades.

Current distribution of housing

Lower ground floor:
- Studio n°1 of 25 m² with terrace (rented), laundry room, cellars and garage.

Upper ground floor:
- Studio No. 2 of 22 m² (rented)
- Studio No. 3 of 21 m² with south-facing terrace of 14 m² (rented)
- Studio No. 4 of 23 m² with south-facing terrace of 14 m² (rented)

1st floor & attic: 4.5 room apartment of 142 m² including three large bedrooms, two shower rooms, a bathroom, a large living room and a recent fully equipped kitchen.

Transformation potential

The current configuration can easily be redesigned:

1st floor:
- 2.5 room apartment of 66 m² (bedroom with dressing room, shower room, large living room, fitted kitchen) or possibility of fitting out three additional studios similar to those on the upper ground floor.

Attic :
- Studio No. 5 of 31 m² with reduced size of 2 m²
- Studio No. 6 of 30 m² with reduced size of 2 m²

Rental yield

Current rental status (partially rented and own use): CHF 46,800.- gross/year

Thanks to its strategic location, its period charm, its recent renovations and its significant potential for transformation, this building represents a rare opportunity in Monthey.

Further information

763 m² (surface areas)
Built in 1960
Renovated in 2015
Available on request
Reference 5580677

Equipment

Balcony

Nearby

Public transport
131m - 3 min
Shops
327m - 7 min
Primary schools
201m - 5 min
Secondary schools
815m - 17 min

This property is proposed by

ACOR Immobilier Sàrl
Avenue Ritz 17
1950 Sion