Profitable house in the center of Riga

A great offer for investors: a profitable residential building in the very center of Riga. 

• The area of the building is 3150 m2.
• The complete reconstruction was done in 2002.
• Owner's costs - property tax: 14,500 € / year.
• All apartments are leased.
• Rental income per year: 156000 €.
• Profitability of netto: 5. 5% per annum.