290 000 €

2 900 €/m²

Piebalgas iela 23

Cēsis, Cēsu nov.

A promising investment property is for sale - a residential property comprising an apartment building and a private house next to Rucka Park.

Property composition:
- apartment building, 230 m² (5 apartments and 1 commercial unit, averaging approximately 50 m² each);
- single-storey private house, 80 m² (3 rooms);
- garage/outbuilding.

Technical specifications of all three buildings:
- fieldstone foundations;
- dolomite walls;
- wooden shingle roofing;
- connected to municipal water supply and sewerage;
- three-phase electricity connection;
- the private house is heated by a fireplace;
- heat pump heating circuits have been installed for the apartment building;
- the private house is fitted with wooden double-glazed windows, including roof windows.

The land plot covers 4,953 m². A children's playground has been created in the courtyard. The asphalted area offers the possibility to develop parking spaces. A spacious outbuilding/garage is also available on the property.

The property borders a recently renovated pedestrian pathway and is accessed via the asphalted municipal Piebalgas Street. An excellent location next to Rucka Park, within walking distance of a Rimi supermarket, public transport stops, and educational institutions. The historic town centre is just 1 km away, offering a variety of restaurants, cafés, and local attractions.

The property is exceptionally well suited both for developing a short-term or long-term rental business and for converting the units into separate apartment properties.

Call or write (SMS, WhatsApp, e-mail) for more detailed information.