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Promising Investment Property in Āgenskalns – Two Apartment Buildings with a Large Land Plot
Total Building Area: 2,837 m²
Total Useful Area: 2,492 m²
Land Area: 2,594 m² (closed territory)
REALAT offers for sale a highly profitable property in one of Riga's most sought-after and rapidly developing neighborhoods – Āgenskalns. The property consists of two apartment buildings where 95% of the apartments are currently leased, providing an immediate and stable cash flow.
Property Composition:
Masonry Building (Useful area 1,829 m²): Consists of a semi-basement, 4 above-ground floors, and an attic. The building has two staircases.
Wooden Building (Useful area 663 m²): Consists of a semi-basement, 2 above-ground floors, and an attic. Two staircases with convenient entrance from the courtyard.
Territory & Extras: A spacious and closed courtyard with vehicular access from the quiet Talsu Street. Brick storage sheds for residents are built along the perimeter of the yard.
Utilities & Technical Solutions:
Both buildings are connected to the central city water and sewage systems. Heating solutions vary per apartment: individual gas heating boilers (in both buildings), electric radiators, and wood stoves are utilized.
Location & Infrastructure:
One of the best locations in Āgenskalns – a peaceful, quiet street with low traffic. Just a 3-minute walk away, you will find a Maxima supermarket, parcel lockers, and a pharmacy. A bit further down the street is the renowned Āgenskalns Market, offering a wide range of services and gastronomy. The neighborhood features numerous cozy cafes and green parks for leisurely walks.
Property characteristics
Building parameters
Number of floors
5
Floor
5
Rooms
73
Total area
2 837 m²
Location on the map
Latvia, Riga
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