A spacious 6-room apartment is offered for sale in central Riga. The property is currently functionally divided into three independent living spaces — 1-, 2- and 3-room apartments.
Each living space has everything necessary for comfortable living and independent rental: its own kitchen, private bathroom and separate functional living area.
The existing layout fully corresponds to the technical plan, while legally the property remains one single apartment. If desired, all rooms can be easily combined and used as one spacious family home.
This format makes the property particularly attractive to investors: the apartment can be rented to three tenants simultaneously, while retaining the option to use the entire property as one spacious residence in the future.
The apartment is located in a renovated building on a quiet street in the city centre. The building has a well-maintained private courtyard and parking spaces for residents.
The building has undergone comprehensive renovation, including replacement of the main utility and engineering systems. This provides a modern level of comfort and significantly reduces the risks associated with ageing infrastructure.
This is a rare combination of flexibility and investment potential in the heart of Riga. The apartment is suitable both for an established rental business and for comfortable living by a large family. Three independent living spaces provide an opportunity to generate rental income, while the possibility of using the entire property as one apartment preserves its additional value and flexibility for future use.
Despite its central location, the apartment is situated on a quiet and peaceful street, while all essential urban infrastructure is within easy walking distance.
The nearest public transport stop is approximately 90 metres away, while the “Elijas iela” stop is approximately 240 metres away. The location provides convenient connections to central Riga as well as to other parts of the city.
Within walking distance you will find:
- Rimi and other grocery stores;
- Origo shopping centre — approximately 850 m;
- Mols shopping centre — approximately 1.1 km;
- cafés, restaurants and various everyday services;
- kindergartens, with the nearest ones approximately 300–400 m away.
The Central Market, Riga Old Town and the Daugava riverside are also located nearby.
An excellent opportunity for those looking for a property in central Riga with the potential to generate rental income while retaining the flexibility to use the property according to their future needs.
Contact us for more information and to arrange a viewing.
