Building for sale in Riga

ID: 2368
Riga, Latvia
407m² area

Price:

€ 600,000

OVERVIEW

House ownership in Jugla.

The building consists of 9 apartments - 5 one-room and 4 two-room.

Fenced territory 996 square meters. m. Building area 407 square meters. m

Brick building - built in 1937, complete renovation was made in 2019:

the foundation has been strengthened, insulated, waterproofed, the facade has been restored,

new windows, all communications replaced, roof. The whole building is additionally insulated.

New electric power. Terraces for 4 apartments on the ground floor. Parking. Gas heating.

Income of 3,100 Euro / month + utilities + real estate tax. Profitability 6.2% There are already potential tenants.

The seller guarantees the above rental income.

 

CHARACTERISTICS:

Area (m²): 407
Floors in the building: 3
Land area: 996

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Alexandra Meyer
Personal assistant
Alexandra Meyer
Personal assistant