Commercial apartment building in Riga, Latvia, 407 sq.m

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%

Finishing and furniture will be completed by April 1, 2020. There are already potential tenants.

The seller guarantees the above rental income.