Commercial real estate in Riga, Latvia

Specifications
Object ID on company website:
30940
Country
City
Price
€ 600 000
Object area
407 m2
Land area
996 m2
Description
House ownership in Jugla.

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.



Seller
About company
Ирина Алазова
Ирина Алазова
Manager
Mercury Group
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