Sale | Flats | Pre-war

Investment opportunity in the centre of Riga - 2 fully equipped apartments in one property, in Marijas street, Upīša arcade!

A great property with excellent yield potential - two independent apartments in one property, in one of the most sought-after locations in the centre of Riga.

Suitable for both short and long term rental or living with additional income.

? Property description:

Total area: 77 m² (sold together only)

Layout: two separate apartments with a shared hallway. Possibility to use as one spacious apartment.

Condition: Fully renovated, quality renovation with documented photo process

Heating: individual gas heating - economical and easily adjustable

Furnishings: furniture, appliances, plumbing, lighting, built-in wardrobes - everything for living or immediate rental

?️ Apartment layout:

1. Studio apartment (33 m²)

- living area combined with kitchen, sleeping area, bathroom

2. Two-bedroom apartment (44 m²)

- entrance hall, spacious living room, separate kitchen, sleeping area, bathroom

? Possibilities for use:

Rent both apartments separately (for short or long term rent)

Combine into one spacious property

Live in one apartment, rent out the other - a great opportunity for passive income

? Potential yield:

Long-term rent: ~950 EUR/month

Short-term rent: ~1900 EUR/month