PROPERTY DESCRIPTION

SelectEnglish Français Deutsch Español Italiano 日本語 Português 简体中文 Русский

In the municipality of Monza, in a rapidly expanding residential area just 600 meters from the historic center and the train station, this independent residential building, free on four sides, boasts a total area of 1,300 sqm distributed over four levels, complete with an external elevator, an internal staircase connecting all four levels, and an external fire safety staircase. The layout is as follows: - Basement: 410 sqm with a height of 3. 5 meters - Ground Floor: 320 sqm with a height of 3. 2 meters - First Floor: 320 sqm with a height of 3.
0 meters - Second Floor: 250 sqm (300 sqm minus 50 sqm for terrace) with a height of 2. 5 meters INCOME-PRODUCING PROPERTY with a lease contract guaranteeing a yield of 7% (6 + 6 contract with an annual rent of €140,000). There is potential for a change of use, allowing for the development of 8 to 10 residential units, with expected sales revenue from the apartments exceeding €4,000,000. The renovation of the building, completed in September 2023, resulted in the creation of 12 bedrooms, each measuring 25 sqm, multiple bathrooms, along with accessory rooms such as a dining room, recreational and study areas, changing rooms, and staff accommodations.
The already excellent features of the property, well-served by buses and with ample free parking options, will soon be further enhanced by the proximity of the Line 3 Lilac (M5) of the Milan metro, with the 'Marsala' stop located just 100 meters away