Artilērijas iela 46, Rīga, Avoti

Discover an exceptional investment opportunity with these two newly renovated properties located in the heart of Riga. Designed for modern living and offering an attractive business model with a strong return on investment, these properties can generate €2,650 in monthly rental income (excluding utility costs).

The properties boast seven spacious rooms, accommodating 14 beds, making them ideal for shared or communal living. Residents enjoy access to four well-appointed shared bathrooms and showers, as well as two fully equipped kitchens, each featuring a refrigerator and microwave for convenience. A dedicated laundry room with a washing machine and dryer ensures added comfort.

These homes are designed with efficiency and comfort in mind, featuring an electric boiler for hot water, gas heating, radiators with adjustable thermostats, and an automatic heating system. The interiors have been completely modernized with high-quality finishes, including double-glazed windows, freshly painted walls, new sanitary fittings, and tiled floors in the common areas. Each room also includes a cozy rug, enhancing the overall living experience.

Invest in these stylish and fully upgraded properties for a secure and profitable venture in one of Riga’s most desirable locations.

2 parking spaces are available in the courtyard of the building, on the street near the building - free public parking spaces.

Utilities around 400-800, depending on the season, cold and consumption (this is on such terms if all rooms are fully occupied)

Renovation works completed in 2024. in July. The renovation did not affect or change the load-bearing walls. Renovation legalization should be relatively simple.