Investment property, Terbatas street, Centrs / 965888€

Property description

A ready-made investment portfolio of 9 fully rented apartments in the center of Riga is offered for sale.

All apartments are studio-type units, ranging in size from 25 m² to 35 m².

The apartments are located in a fully renovated building, with reconstruction completed in 2019. It is situated in one of the most sought-after quarters of Riga city center—between Blaumaņa, Tērbatas, and Lāčplēša streets. Despite its central location, the building is set in a closed courtyard, ensuring privacy and tranquility for residents.

Each apartment has individually регулируемые heating meters. The building is equipped with an elevator.

All apartments are sold fully furnished, equipped with everything necessary for immediate living, and together with existing tenants.

Currently, all nine apartments are rented out on long-term leases, providing a stable monthly income of €5,330.

This is an ideal solution for an investor seeking a ready-to-manage, income-generating property with no additional investment required.

Object on the map