Sale | Houses | House ownership

Promising Investment Property in Āgenskalns – Two Apartment Buildings with a Large Land Plot

Total Building Area: 2,837 m²

Total Useful Area: 2,492 m²

Land Area: 2,594 m² (closed territory)

REALAT offers for sale a highly profitable property in one of Riga's most sought-after and rapidly developing neighborhoods – Āgenskalns. The property consists of two apartment buildings where 95% of the apartments are currently leased, providing an immediate and stable cash flow.

Property Composition:

Masonry Building (Useful area 1,829 m²): Consists of a semi-basement, 4 above-ground floors, and an attic. The building has two staircases.

Wooden Building (Useful area 663 m²): Consists of a semi-basement, 2 above-ground floors, and an attic. Two staircases with convenient entrance from the courtyard.

Territory & Extras: A spacious and closed courtyard with vehicular access from the quiet Talsu Street. Brick storage sheds for residents are built along the perimeter of the yard.

Utilities & Technical Solutions:

Both buildings are connected to the central city water and sewage systems. Heating solutions vary per apartment: individual gas heating boilers (in both buildings), electric radiators, and wood stoves are utilized.

Location & Infrastructure:

One of the best locations in Āgenskalns – a peaceful, quiet street with low traffic. Just a 3-minute walk away, you will find a Maxima supermarket, parcel lockers, and a pharmacy. A bit further down the street is the renowned Āgenskalns Market, offering a wide range of services and gastronomy. The neighborhood features numerous cozy cafes and green parks for leisurely walks.