A property is being offered that can be a good rental object after reconstruction.
Currently, the building has a small cash flow, but a significantly better one can be achieved after the property is reconstructed.
At present, the property is co-owned with properties at Rīga, Ģertrūdes Street 60, and Rīga, Lāčplēša Street 61.
The property at Rīga, Ģertrūdes Street 60, is a separate freestanding building with its own yard and access to Ģertrūdes Street.
Building parameters:
Adjacent land area of about 800 m²;
Total building area of 1992 m² (basement - 289 m²).
Usable apartment area (1st-5th floor) - 1405 m², and commercial area on the 1st floor - 148 m². Total - 1553 m²;
After reconstruction, by building out the attic floor, the usable area would increase to 1676 m²;
Current number of apartments - 12 + 1 (commercial area), potential - 32 apartments.
Currently, a design project has been created, project identity established, architectural and communication projects approved, and a technical project for the elevator completed.
It is possible to purchase the entire property complex associated with the address Rīga, Lāčplēša Street 61.
Additional information is available upon request.
