Investment property, Aptiekas street, Sarkandaugava / 975000€

Location:Rīga, Labais krasts, Sarkandaugava
Street:Aptiekas
Area:1485 m²
Land area:481 m²
Price:975 000 € (656.6 €/m²)
Yield:0 %

Property description

Apartment house for sale - no encumbrances, no debts. Two separate staircases. 27 apartments - one, two and three-room apartments.
Investments have been made in the house in the last 8 years - 70% of the apartments have been completely renovated, 80% of the windows have been replaced, plumbing and electrical installation work has been done. Repairs have been carried out in the basement, sewerage repairs, the attic of the house has been insulated, the heating pipes have been insulated. Front door replaced.
There is a parking space in the yard for the tenants of the house.
Home heating - centralized (Rīgas Siltums).
All apartments are rented. Apartment rental contracts - maximum 5 years. When changing the owner, contracts must be reviewed with each apartment.
Nearby are grocery stores, educational institutions, public transport 200 m, Mežaparks 1 km, Riga center 5 km.

  • Communications: city heating, internet available, television available, city water supply, city sewage
Property ID number: 57322

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Gatis Eidmanis
Gatis Eidmanis Agent
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