A stable investment in a historic 1910 building in the city center, offering a potential 10% rental yield. The project has been fully renovated and developed by River Properties. A reliable and profitable asset: the building is completely refurbished, all units are sold out, and active construction work has been completed, ensuring a peaceful environment. An ideal opportunity for short-term or long-term rentals – quick renovation and immediate cash flow. A practical and compact option for permanent living with low maintenance costs. Perfectly suited for students during their studies or professionals for the duration of their work.
• Apartment without finishing — ready to be decorated to your own taste. Low renovation costs due to the compact size and rational layout. Located in the third building. Windows facing the courtyard. • Low utility bills, individual water and heating meters with remote data reading. • Well-maintained and landscaped grounds, cobblestone paving, electronic gates with code access, video surveillance. Bicycle parking, equipped children's playground with a relaxation area. • Order and maintenance of the building is provided by a building management company. • The building is located in a quiet and green area, away from the noise of city streets, recently fully occupied after renovation in 2023 — refurbishment complete, calm and cosy atmosphere. • A neighborhood that is in high demand among tenants. Convenient location next to two beautiful parks — Ziedoņdārzs and Grīziņkalns — for sports and walks. Public transport, shops and cafés nearby. • Land in ownership, inventory file, no debts or encumbrances. • The property qualifies for financing. For sale by the owner, no intermediaries.