Engel & Völkers

Independent building with 8 flats

€1,850,000
  • 17 Rooms
  • 8 Bedrooms
  • 8 Bathrooms
  • 518 m² Total surface
  • 343 m² Living area
  • 543 m² Plot surface

Description

Interesting detached building ideal as an investment, consisting of 8 residential units, arranged on 4 levels, one of which is a basement. The large cubage available, together with the surrounding land of regular shape, which allows a distance from the other buildings in the area on 4 four sides, makes this solution an excellent opportunity for residential development. The property is structured around a stone staircase with an original handrail dating back to 1936 and has two units per floor, with North-South exposure; the flats have a very similar structure and consist of a kitchen, living room, bedroom and bathroom with a small entrance hall. In the basement there are, in addition to the two two-room apartments, 3 cellars and a wood storage room in the basement. In the land surrounding the building, exactly in the South area, we find the rectangular shaped land parcel with vegetable garden destination of 176 sqm. In the North-East-West area, on the other hand, we find the uncovered graffitied area of the building plot, which embraces the building, with a surface area of 235 square metres, in which there are also 5 parking spaces and which can be accessed through a large sliding metal gate, prepared to be motorised. The total area of the two parcels is 543 square metres and considering the outline of the building of 132 square metres, the total uncovered area is 411 square metres. The roof was renewed in February 2018 and the fixtures in the year 2000. Currently 4 flats are rented out, producing an annual income of 23,400€. In view of the possibility of making improvements to the individual units, the profit forecast is expected to be much higher.

Features
BalconyBasementGardenAttic
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Engel & Völkers Bozen - Bolzano

Property ID: W-02RE72

Property details

Object type

Detached House

Condition

Needs renovation

Rooms

17

Bedrooms

8

Bathrooms

8

Floor

4

Number of Floors

4

Parking spaces

5

Total surface

518 m²

Living area

343 m²

Plot surface

543 m²

Flooring

Stone, Wooden floor

Energy efficiency information

Construction year

1936

Energy efficiency class

energy class icon

Energy certificate available

Yes

Energy certificate type

Consumption certificate

Final energy demand

162 kWh/m²a

Final Energy Consumption

162 kWh/m²a

Energy source

Gas heating, Stove heating

Energy includes hot water

No

Location: Europa-Novacella, Bolzano

Pola Street is like a small neighbourhood within the serviced and busier Europa-Novacella area, and represents a reality apart due to the particular type of buildings present, ranging from small detached houses to small independent apartment blocks, and due to the private and limited traffic transit. The specific location makes it possible to best combine the logistical needs and convenience of the typical urban serviced area with the tranquillity and privacy of a purely residential area. Via Roma, which is one of the most important arterial roads in Bolzano, with its great possibilities of movement by means of transport in every direction and the wide range of public, private and commercial services, is only a few hundred metres away, but is not acoustically disturbing. Pharmacy, supermarket, restaurants and bars are within a 200-metre walk, while kindergartens and schools are a few hundred metres further on. The Bolzano South train station and motorway exit are respectively 2 and 3 km away. The location is extremely strategic in many respects, guaranteeing convenience and quality of life for potential tenants.

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Engel & Völkers Bozen - Bolzano

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Provider:

Real Estate International S.r.l.

License partner of E&V Italia S.r.l.

Commission details

The appointment for the sale with ourselves and/or our agent is effected by written agreement or through utilization of our services on the basis of the service brochure/exposé and its related conditions. The agent's commission in the amount of 4.00% on the purchase price plus the compulsory VAT shall accrue from when the Purchaser becomes aware of the acceptance of his/her purchase offer (proposta d'acquisto) by the Seller. The commission will be paid by the Purchaser upon execution of the preliminary agreement (contratto preliminare di compravendita). The amount of the agent's gross commission shall be adjusted should the tax rate change. The Real Estate International Srl shall obtain a direct claim for payment vis-à-vis the Purchaser (contract for the benefit of third parties). The real estate transfer tax as well as the costs for the notary and land register shall be borne by the Purchaser. No responsibility will be accepted for the information provided. All material is based upon information that has been supplied by third parties. Whilst we consider this information to be true, we cannot be held responsible for this information being complete, correct or up-to-date. The right to sell the property prior to signing is hereby reserved. Should you already know the property, please let us know. Further, our standard terms and conditions shall apply to this agreement.

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