Location
Dzirnavu iela 115A
Centrs
Facilities
Price History
Description
Investment apartment for sale in the very center of Riga – Dzirnavu iela 115A.The apartment is located in a quality pre-war building with high ceilings (3.20 m). The building is situated in a closed courtyard, ensuring peace and quiet despite being in the city center. Free parking is available for residents in the courtyard.The total area of the apartment is 117 m², located on the 3rd floor. Three years ago, the property underwent a full capital renovation and redevelopment, which has been officially commissioned. During the renovation, all communications were completely replaced – new electrical wiring, new water supply and sewage connections.After the redevelopment, the apartment was divided into 4 fully functional studio apartments, each with its own kitchen and bathroom. All units are fully furnished and equipped with the necessary household appliances.Currently, all four units are rented out on a long-term basis, providing stable monthly income.Total rental income: 1570 EUR per month.The property is suitable both for continued stable long-term rentals and for short-term rental business, where the potential return can be significantly higher.Excellent location in the center of Riga with well-developed infrastructure – shops, restaurants, public transport, parks, and all essential amenities are within walking distance, making it ideal for comfortable living or a successful rental investment.Read more
Dzirnavu iela 115A Centrs
Location
Dzirnavu iela 115A
Centrs
Facilities
Price History
Description
Investment apartment for sale in the very center of Riga – Dzirnavu iela 115A.The apartment is located in a quality pre-war building with high ceilings (3.20 m). The building is situated in a closed courtyard, ensuring peace and quiet despite being in the city center. Free parking is available for residents in the courtyard.The total area of the apartment is 117 m², located on the 3rd floor. Three years ago, the property underwent a full capital renovation and redevelopment, which has been officially commissioned. During the renovation, all communications were completely replaced – new electrical wiring, new water supply and sewage connections.After the redevelopment, the apartment was divided into 4 fully functional studio apartments, each with its own kitchen and bathroom. All units are fully furnished and equipped with the necessary household appliances.Currently, all four units are rented out on a long-term basis, providing stable monthly income.Total rental income: 1570 EUR per month.The property is suitable both for continued stable long-term rentals and for short-term rental business, where the potential return can be significantly higher.Excellent location in the center of Riga with well-developed infrastructure – shops, restaurants, public transport, parks, and all essential amenities are within walking distance, making it ideal for comfortable living or a successful rental investment.Read more