150 000 €

337.08 €/m²

Valērijas Seiles iela 1, Latgale

Rīga

Property for sale with a land plot.

Building area: 445 m²;
Land plot area: 1,413 m² (freehold ownership).
Mixed-use central development territory (JC2).

Main permitted use: Residential building for communal living of various social groups;
Year of construction: 1950;
Number of above-ground floors: 1.

Foundation – brick masonry;
Walls – wooden frame construction up to 15 cm thick, wooden boarding;
Floors/Ceilings – wooden beams with wooden plank filling.

Electricity connection;
Water supply and sewage connection.

The property is ideally suited for the development of a hostel, rental house, or mini-apartment project — with the potential to create up to 23 separate apartments.

Reconstruction of the building is possible, including attic development and the addition of a second floor, which would significantly increase the total area and income potential of the property.

Convenient access, quiet surroundings, public transport, an institute, and shops nearby.