Investment opportunity in Agenskalns - renovated real estate in the final stage of renovation.
Residential building built in 1898 and completely renovated in 2021. It is a wooden structure with brick walls, monolithic concrete foundations and tin sheet roofing. The building consists of 12 apartments, one commercial space and several auxiliary spaces.
The house is connected to city water and sewerage, and heat is provided by modern electric radiators. In addition, an extension project with an additional 8 apartments has been projected, which will complement the existing structure.
We offer an opportunity to invest your funds in the best way - this renovated real estate in Agenskalns is ready to provide you with a stable and continuous cash flow. It is necessary to complete repairs in apartments and find tenants.
Object data: Land area: 573 sq.m, building area: 646 sq.m, useful area: 509 sq.m. The building includes: 9 one-room apartments with an area of 18 to 36 square meters, 3 two-room apartments with an area of 48 to 65 square meters, 90 square meters of commercial space with a separate entrance from the street, 74 sq m basement with a separate entrance from the street
During the renovation of the building, comprehensive repairs were carried out, including the replacement of the roof and all windows.
The walls and attic are insulated, ensuring optimal heat retention.
The building has been completely renovated from foundation to roof and has new engineering communications.
Each apartment has an individual electric heating meter.
The house is located in Agenskalns, one of the most sought-after residential areas of Riga, which is famous for its ancient wooden architecture, green parks and excellent infrastructure. Public transport, educational institutions and shops are within easy reach. Nearby, you will find both the Agenskalns market, and the lively Kalnciema quarter - a center of culture, entertainment and commerce.
This is not only a place to live, but also a great investment with a rich history and excellent infrastructure.