House ownership for sale in the city center of Riga

€690 000
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
Similar properties
€708 500
The building is located in the very heart of Riga, where everything you need to enjoy a comfortable life is within arm’s reach. The...
€700 000
House for sale in the heart of Old Riga, on Peldu street. The building was built in 1890 and used as an apartment house....
€670 000
We offer house for sale - 420 m2 located in a very Center of Riga, just 150 m away from A. Caka street as...
€690 000
A new warehouse, which is currently under construction. It is also possible to buy individual sectors of the warehouse. Sectors from 81 to 990...
€700 000
Exclusive Office Space for Rent in a Prime Location. Description: Step into a world of sophistication and productivity with our premium office space available...
€670 000
For sale is offered a house with 10 units  located in the Center of Riga . Building is located in the yard and has...
€650 000
Exclusive corner restaurant premises for sale in Old Riga on the 11th of November embankment 9 (near Riga Castle).Facade building, commercial premises located at...
€700 000
We offer to purchase a building in Riga. Imanta is a microdistrict of the city of Riga, which has an advantageous location and is...
€650 000
Commercial Property for Sale at Balta Street 3 A commercial property is for sale, ideally suited for warehouses, production, or a logistics center. The...
€720 000
Package of apartments  in a very advantageous location, in Teika region.  It is just 10 minutes drive to the city Center, but this area...
Contact Seller