Homeownership For Sale, Sakas street 5, Rīga, Imanta / 199000 €

Location:: Rīga, Kreisais krasts, Imanta

Street:: Sakas street 5

Rooms:: 6

Area:: 187.2 m²

Land area:: 918 m²

Building type:: Pre-war project

Floors::: 2 / 2

Price:: 199 000 € (1 063.03 €/m²)

Additional costs:: meter readings; real estate tax

Zane Micāne

Attīstības un komandas izaugsmes vadītāja

Phone: +371 29414679
E-mail: [email protected]
WhatsApp: +371 29414679

Property description

ID number: 67456

Small Four-Apartment Residential Building with a Spacious Land Plot in Riga.

At 5 Sakas Street, there is an opportunity to create a small, charming rental property that combines the tranquillity of a private residential neighbourhood, a pleasant living environment and the conveniences of city life.

The property comprises a two-storey residential building with four separate apartments and a spacious 918 m² land plot. The existing layout provides a practical foundation for developing a manageable rental property, while the generous outdoor space offers opportunities to create landscaped green areas, relaxation spaces and parking facilities for residents.

The property comprises:

Residential building – 187.2 m²;
Land plot – 918 m²;
Garage – 27 m²;
Two outbuildings – 20.4 m² and 16.5 m².

The building's officially designated primary use is a residential building containing three or more apartments.

The building consists of four apartments, with two on each floor:

Two two-room apartments – 48.5 m² and 48.3 m²;
Two one-room apartments – 33.4 m² each.

Both two-room apartments are currently occupied.

The building requires major renovation, and the apartments are in varying technical condition. Renovation can be planned according to the chosen rental property concept, with consideration given to apartment finishes, building systems and shared areas.

The property is connected to the municipal water supply and sewerage systems. The current heating system is wood-fired.

An additional opportunity is to explore the conversion of the attic into another apartment, subject to the building's technical feasibility and the necessary approvals.

One of the property's key advantages is its spacious land plot. The outdoor area could be transformed into a landscaped courtyard with green spaces, seating areas, bicycle storage and parking spaces. This would allow the creation of a rental property with its own distinctive character, offering residents not only private living spaces but also an attractive shared outdoor environment.

The property is situated in a quiet, green neighbourhood characterised by low-rise buildings and a pleasant, small-town atmosphere. Public transport, shops, pharmacies and other everyday amenities are available nearby, while Riga city centre is easily accessible.

An attractive opportunity for a buyer looking to create a small rental property with a thoughtfully designed living environment and the flexibility to develop it gradually.

Please contact us for further information about the property, its technical condition or to arrange a viewing.

The visualisation is for illustrative purposes only. It represents a possible concept for the renovation of the building and surrounding grounds and does not constitute an approved construction project.

Small Four-Apartment Residential Building with a Spacious Land Plot in Riga. At 5 Sakas Street, there is an opportunity to create a small, charming rental property that combines the tranquillity of a private residential neighbourhood, a pleasant living environment and the conveniences of city life. The property comprises a two-storey residential building with four separate apartments and a spacious 918 m² land plot. The existing layout provides a practical foundation for developing a manageable rental property, while the generous outdoor space offers opportunities to create landscaped green areas, relaxation spaces and parking facilities for residents. The property comprises: - Residential building – 187.2 m²; - Land plot – 918 m²; - Garage – 27 m²; - Two outbuildings – 20.4 m² and 16.5 m². The building's officially designated primary use is a residential building...

Features & amenities

Interior finish: condition - unrepaired, wooden plank floor
Location & surroundings: convenient public transport, nearby schools and kindergartens, nearby shops and cafes
Parking: parking space in the yard
Communications: autonomous heating boiler, city sewerage, city water supply
Security: enclosed courtyard
Layout / planning: rooms both isolated and walk-through