We offer for sale a home with a stable yield - at least 5%, in case of full occupancy - 6% per annum.
In total, the house has 14 apartments, including 2 spacious penthouses on the 5th floor with views of the Daugava and panoramic windows, as well as 3 commercial premises.
The average occupancy of the building is 90%, mainly long-term contracts, there are opportunities to switch to short-term leases and increase profitability.
The residential building on Uzvaras was commissioned in September 2020 after a detailed renovation of a pre-war 4-storey building with a one-floor superstructure.
The renovated 5-storey building with a semi-ground floor received a new floor, an elevator (Schindler), facades insulated according to EU standards, completely new communications, a new ventilation and fire extinguishing system, an intercom, a security alarm system.
There is also a new staircase and entrance group, the second entrance, the house has been completely renovated and looks like a completely new building.
The basement floors have also been restored and are fully ready to accept customers such as shops, beauty salons and more. There was an extension from the back of the house, which can serve as a medical or cosmetic office, a small store, etc. All these rooms are equipped with all necessary communications.
All apartments are renovated, equipped with bathrooms (including the presence of washing machines), kitchens, living rooms. Kitchen in addition to furniture are equipped with the necessary household appliances - refrigerators, cooking panels, hoods and so on. All living spaces are furnished, equipped with light points and are in a turnkey state - a tenant can live immediately, without any preparations for apartments.
There are 5 parking spaces on the territory.
It is impossible to ignore the location of the house, located at the foot of the Stone Bridge, leading to the very center of Riga, to the house of the Blackheads, the Seimas building and other main buildings of Old Riga. Leaving the entrance opposite the Castle of Light (the National Library of Latvia), you need to walk only 300 meters on the bridge or drive one stop by transport (the stop is near the house),
to be in the heart of the city. Also, transport within 10 minutes will take the residents of the house to the station and no more than 20 minutes to the airport without any transfers.
Within walking distance with the house is one of the largest parks of the city - Victory Park, with excellent infrastructure and an opening Ferris wheel. There is a grocery store and pharmacy adjacent to the house.
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