Riga (City District), Riga, Latvia
- PROPERTY TYPE
Apartment
- SIZE
16,049 sq ft
1,491 sq m
Key features
- Living area: 1491 m2
- 0 bedrooms
- 14 bathrooms
- Floor 6
Description
The building is situated on a land plot of 435.5 m² and offers a total area of 1,975.7 m², including a usable cadastral area of 1,609.8 m² and a highly efficient net leasable area of 1,491.08 m². Arranged across six floors, the property features two staircases that ensure convenient access and smooth tenant flow, as well as an elevator located in the central staircase for added comfort.
A significant advantage of this property is its strong income profile — 99% of the building is currently leased to reliable, high-quality tenants, providing immediate and stable rental income for the new owner. This makes the asset particularly attractive for investors seeking a secure, income-generating property with minimal vacancy risk.
The building is connected to the city’s central heating system with a heating distribution unit located in the basement, ensuring efficient and dependable heating throughout the premises.
Combining historical character, a prime Old Town location, and excellent occupancy with dependable tenants, this property represents a rare and compelling investment opportunity in one of Riga’s most sought-after areas.
Riga (City District), Riga, Latvia
NEAREST AIRPORTS
Distances are straight line measurements- Riga(International)5.3 miles
Notes
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