Revenue house 407 m² in Riga, Latvia
Latvia, Riga
€600,000
€1,474/m²
Location
Property characteristics
Property parameters
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Price per m²€1,474/m² -
Total area407 m²
Description
Owned in Jugla.
The building consists of 9 floors - 5 one room and 4 two rooms.
Fenced area 996 square meters. m. Construction of an area of 407 square meters. m
Brick building - built in 1937, the complete renovation took place in 2019 :
The foundation was strengthened, insulated and waterproof, the facade was restored
new windows, all communication replaced, roof. The entire building is also insulated.
New electrical energy. Terraces for 4 floors on the ground floor. Parking. Gas heating.
Income of 3,100 euros / month + profit + property tax. Profitability 6.2 %
The completion and furniture will be by 1. April 2020. There are already potential tenants.
The seller guarantees the above rental income.
Updated at: 01/11/2024
Location on the map
Latvia, Riga
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