Residential building
1905 Dorénaz
156 m²

Building with 3 apartments rented at a guaranteed yield of 4.26% and a potential of 4.93%

Property description

Income property in the center of Dorénaz

Discover this building with 4 apartments + 1 independent room, ideally located in the heart of Dorénaz village, in close proximity to amenities and transport.

Possibility of creating a duplex by combining the 3-room apartment on the 2nd floor with the attic, subject to planning permission and necessary authorizations.

Composition:


  • 1 2.5-room apartment of 30 m2 rented at 900.-/month

  • 2 3.5-room apartments of 48 m2 rented at 1'050.-/month and 1'250.-/month.

  • 1 2.5-room attic apartment of 25 m2 used by the owner (no occupancy permit)

  • 1 independent room of 7 m2 used as an extra room (no occupancy permit)



Main advantages:


  • Building completely renovated in 2022

  • Good general condition, no renovations required

  • Attractive rental yield

  • Central location, close to shops, schools and motorway access



One covered parking space and one outdoor parking space complete this property.

This building represents an excellent investment opportunity, whether for a stable yield or the establishment of a sustainable real estate portfolio.

Location: Dorénaz, a dynamic commune in the region, offering a pleasant living environment between plain and mountains.

Dorénaz

1905 Dorénaz is located in the district of Saint-Maurice, in the Canton of Valais. The population in the political commune of Dorénaz has varied over the last five years by +2.6% on average per year, reaching 1,103 inhabitants (as of December 31, 2023). The tax rate is 12.8% (canton: 12.8%). Over the last five years, housing construction in the commune has averaged 2.4% per year, while the current vacancy rate is 2.3% (as of June 1, 2024). Property prices have varied by +29.4% over the last five years (canton: +21.4%).

Further information

4 levels
1290 m³
250 m² (surface areas)
156 m² (usable areas)
Built in 1919
Renovated in 2022
Available on request
Reference 4Y2P-M7AY-1323

Equipment

Children friendly
View
Parking
Garage

Nearby

Public transport
215m - 5 min
Shops
2173m - 44 min
Nursery school
7891m - 158 min
Primary schools
233m - 5 min
Secondary schools
7757m - 156 min

Property offered by FOTI Immobilier

FOTI Immobilier
Rue de Venise 8
1870 Monthey

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