Property for sale - an investment object located in Riga center, Stabu street.
The property consists of 2 buildings, that are situated on a land plot of 566 m2 - a 4-storey facade building and a 3-storey building in the yard, both built in 1920.
There are total number of 18 apartments, of which 6 are one-room apartments and 12 are two-room apartments. 15 apartments are rented out and three 2 room apartments need renovations.
All new communications are installed in the buildings - new electricity wires, plumbing and heating sistem.
The current year's return after real estate and income taxes is 7.5%. Future yield after renovation of three more apartments, based on realistic
estimates, will be 8.8%.
There is a possibility to build a roof floor for the facade building, obtaining additional living space.
Thank you, your request is sent! Our manager will contact you within one working day.
Please fill in all required fields correctly
Email to a friend
Your message has been successfully sent!
Please fill in all required fields correctly
Feedback from our clients
Karina Sable, Singapour
Хотим поблагодарить компанию за профессионализм и сопровождение нашей покупки квартиры в Риге. Отдельное спасибо Илоне — за её доброту, терпение и искреннее желание помочь на каждом этапе процесса. Не... More info »
Квартира в центре Риги, 2026
Xavier, Argentina
Our experience with Estate Latvia has been truly outstanding. Over several weeks, we had the pleasure of working with Ilona Bindyukova, who guided us through the entire process with remarkable patienc... More info »
Expect world class service and expertise by the agents at Mercury Estate Latvia., 2025
Liju Jose, OAE
Outstanding Real Estate Professional – Ms. Tina Politika-Vodolagina
During my search to buy a property, I came across Ms. Tina Politika-Vodolagina through an article in the Air Baltic magazine. Fro... More info »
Villa in Pinki, Latvia, 2025
Sabine Purps, California, San Diego
⭐⭐⭐⭐⭐
If I could give Inna 10 stars, I would! She didn’t just help our son find an apartment-she rolled out the red carpet and treated him like a true VIP. Starting grad school in a new country is ... More info »
High level rental apartment in Riga Centre, 2025
Gleb Trifonov
Хочу выразить огромную благодарность команде Mercury Group за профессиональную помощь по всем вопросам недвижимости в Латвии. Первоначально компания полностью сопровождала покупку элитной недвижимости... More info »
Baznicas 18A, 2025
Michael Salov, Canada
Kristina was very helpful in assisting my wife and I in securing a home to rent during our long-term stay in Latvia for work. She was very responsive and made herself available and flexible to help us... More info »
House in Mezapark, Riga, 2024
Lale &Erkan Yıldır, Turkey
When we searched for an apartment to live in Riga, we contacted Mercury Group. On the first day in Riga, we met Tamara. She organized apartment tours, and everything went well with her in two days. Sh... More info »
Apartment in Vecriga, 2024
Dan Liu, China
Really professional work from Julia Barsukova! She is simply the best agent ! Julia understands our real needs very fast, she cares about our interests and always provides a suitable solution. She acc... More info »
Apartments in Riga, 2024
Квятковская Анастасия, Украина.
Имея уже немалый опыт в переездах и поисках жилья в разных странах, с удовольствием хочу порекомендовать Тамару как лучшего риелтора! Она сумела объединить свой профессионализм и человеческие качества... More info »
Дом в Юрмале. Private house in Jurmala., 2023
Barış & Lina Kara, Turkey.
We have contacted Mercury Group while looking for investment opportunities in Latvia in order to obtain residency permit. Upon our first contact, we were greeted with a professional yet friendly manne... More info »
Apartment purchase in Riga., 2023
Bernd Weiser and family, Germany.
Doing a new step, moving in a foreign country can be challenging, especially if you look for a convenient accommodation. Our family was taken on hand and got to fully relayabl support of Mercury. Our ... More info »
Moving to LV in July 2023, 2023
Rihards, Latvija.
Dzīvokli Rīgā, 2023
Grigory Gruba, Russia.
Сотрудничаю с компанией с 2019 года , по вопросам покупки и продажи недвижимости , а также по после продажному обслуживанию ( сдача в аренду) . За это время сталкивался с другими риэлторами и в други... More info »
Apartments purchase in Riga and Jurmala., 2023
Kurt Püntener, Switzerland.
Daria - a tremendously engaged real estate agent from the Mercury Group - was extremly supportive for finding the right home for me and my family in Latvia. She managed perfectly well the quite comple... More info »
Private house in Riga, Latvia., 2022
Federico Palmieri, Italy.
(ENGLISH) I have really much appreciated the assistance provided by Mercury Group's Kristina Toconova during my search for an apartment for rent in Riga. Since our very first contacts, Kristina h... More info »
Apartment rental in Riga. , 2022
Cafer Karakus, Netherland.
I would like to thank you to Olga for her help and profosality of her work. While I am not living in Latvia, she arrange and manage to find tenant in very short time for my two apartment which I bough... More info »
Apartments for rent in Riga., 2021
Never Miss a Story!
Subscribe to our newsletters and get the top real estate news.
You haven't found a suitable property? Please send us your request!
Thank you, your request is sent! Our manager will contact you within one working day.
Please fill in all required fields correctly
Request information
Thank you, your request is sent! Our manager will contact you within one working day.
Please fill in all required fields correctly
Get property matches.
Request information
Thank you, your request is sent! Our manager will contact you within one working day.
4
980 m2
566 m2
