Elsässerstrasse 83, Basel, Basel-Stadt 4056

Attractive investment property in Basel's St. Johann: For sale is a characterful apartment building in a central location at Elsässerstrasse 83 in Basel. The property, which was built in 1913, has been continuously maintained and renovated in stages, most recently in 2017. Spread over five floors , it comprises 9 apartments as well as an established restaurant and bar on the ground floor. The mixed use ensures a diversified income profile and combines living with a gastronomic offer in an urban location. Buildings and areas: Net living space: approx. 963 m² Land area: 384 m² Building volume: 4,484 m³ Year of Make: 1913 Last reported renewal: 2017 Gas heating with heat distribution via radiators No elevator and no parking spaces or garages on the property The rooms are bright and friendly with contemporary renewed surfaces. Beautiful old building proportions characterise the appearance of the property and give it an independent, representative appearance. The visible balconies and the modern interior design complement the urban living comfort. Convincing location in Basel St. Johann: Shops, restaurants and services are in the immediate vicinity. A public transport stop is practically in front of the house. The Basel St. Johann train station is approx. 457 m away, the motorway connection approx. 250 m . Tram and S-Bahn connections ensure short distances within the city and to the region. With the Kannenfeldpark and the Rhine promenade, attractive local recreation areas are also within easy reach. Novartis Campus, University Hospital and other important employers underline the sustainable quality of the location. The purchase price is CHF 5,595,000 . The gross yield shown in the Smart Listing is approx. 3.9% ACTUAL or approx. 4.7% TARGET with an increase to market rent level. This is an interesting opportunity for investors who want to acquire a well-maintained mixed-use apartment building with a broad tenant structure in Basel. Have we aroused your interest? Then we look forward to hearing from you without obligation Do you own a property that you would like to have appraised? Our valuation is completely free of charge and without obligation for you. Contact us today and start your new home