House ownership for sale in the city center of Riga

€590 000
ID 136833 Uploaded 31.05.2026
Key features
Rental house
Details
Property description
Selling an elegant and well-developed building with 8 apartments, ideal for both residential living and generating income. The property consists of six one-room apartments, one two-room apartment, as well as a two-story penthouse apartment, an office space, and a garage. 

The building features modern central heating with an air-to-water heat pump, ensuring efficient and cost-effective warmth. Additionally, a wood-fired central boiler remains in use, helping to reduce heating costs to approximately €250 per month in the fall and spring, and around €500 during the winter months. 

The house has been fully renovated with a new roof, water and heating pipes, electrical wiring, and insulation. Every square meter is optimally utilized, making the building highly functional. In the semi-basement, there are a modern laundry room, bicycle parking, a boiler room, a workshop, and an office. 

The property includes about 500 square meters of land, used for a garden, fountain, and parking for 8 cars. 

All apartments are currently rented out, providing steady income. The building is offered fully furnished, including furniture.
Agency: Mercury Group Ltd
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