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Building for sale in Riga

Darja Kovalenok

Rental Associate /Sales Associate. MG Estate.
GSM: + 371 26595522 , E-mail: daria@mgroup.lv

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ID code: 9645
Location: Riga / Jugla / Pales
Type: House ownerships, Commercial premises
Floor: /3
Size: 407 m2
Land area: 996
Price:
To buy:
600 000 EUR (1 474 EUR/m2 )
Heating: Gas
Year built: 1937
Internet
TV
Parking
Terrace
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.

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Darja Kovalenok

Rental Associate /Sales Associate. MG Estate.

By submitting a message, you agree to the User's Agreement