Investment Property in the Center of Riga – House by the Daugava River

Excellent investment opportunity with active rental agreements

A private house for sale in the center of Riga. The property is suitable both for personal residence and as a ready-made investment with the possibility to continue renting out individual apartments.

The house is located in a quiet area with a view of the Daugava River, while still offering convenient access to the city center. The property is partially renovated, providing a great opportunity for re-planning and customization according to personal needs or an investment strategy.

About the property:

Residential house on brick foundations with wooden floor structures. External walls are insulated and finished with decorative plaster. Total apartment area: 204.8 m²

The house is divided into 4 apartments:

1st floor – 3 apartments 2nd floor – 1 apartment

Convenient layout with two entrances.

Each apartment includes:

Bathroom with WC 1–2 rooms Kitchen

Technical information:

Basement level; Reconstruction carried out in 2005 – foundations and basement reinforced, walls insulated; New gas heating system – low and economical utility costs; City water supply and sewage system.

Additional advantages:

Three built brick garages; Spacious, gated courtyard with a gazebo, offering peace and privacy despite being in the city center; Asphalted access road maintained by the municipality during winter; Single owner, the house will be vacated within a short time.

Excellent location:

Nearby amenities include: JYSK, TC Mols shopping center, Depo, railway station, bus station, schools, kindergartens, business centers, Spīķeri Quarter, and the Central Market. The Daugava promenade and Lucavsala are perfect for walks and recreation.

Public transport stops are within close proximity. Only a 12-minute walk or 2 stops to Old Riga.