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€250,000

7.8/10

€2,119/m²

4
Rooms
118.0m²
Area
6/6
Floor

💰 ROI Analysis

Purchase price €250,000
Renovation cost (~€700/m²) €82,600
Total investment €332,600
Comp avg €/m² (36 listings within 500m) €3,044/m²
Projected sale (118.0m² × €3,044) €359,251
Estimated profit / ROI €26,651 / 8%

AI-estimated ROI: 19%

Details

Location Centrs, Kalniņa 2
Building type P. kara
Published 28.01.2026 27d
📍 Location

Description

Piedāvājumā ir pievilcīgs investīciju īpašums Alfrēda Kalniņa ielā 2, stratēģiski izdevīgā vietā – Marijas ielas un Alfrēda Kalniņa ielas krustojumā, tikai dažu minūšu gājiena attālumā no Vecrīgas un Rīgas Centrālās dzelzceļa stacijas.Īpašuma kopējā platība ir 117, 7 m², un tas ir funkcionāli sadalīts divos atsevišķos dzīvokļos (57, 0 m² un 51, 4 m²). Abi dzīvokļi šobrīd ir izīrēti, nodrošinot stabilu un regulāru nomas ienākumu plūsmu.Dzīvoklis Nr. 1Platība: 57, 0 m²2 istabasPlānojums: priekštelpa, guļamistaba, vannas istaba, viesistaba ar integrētu virtuves zonuDzīvoklis Nr. 2Platība: 51, 4 m²2 istabasPlānojums: priekštelpa, guļamistaba, vannas istaba, viesistaba ar virtuves zonuApdarē izmantoti kvalitatīvi apdares materiāli, interjerā dominē gaiši, mājīgi un neitrāli toņi. Dzīvokļos ir sagatavoti tehniskie pieslēgumi gaisa kondicionēšanas sistēmas uzstādīšanai.Īpašums atrodas ēkas 6. stāvā, ēkā ir lifts. Dzīvokļa īpašums.Atrašanās vietu raksturo izcila pilsētas infrastruktūra – pastaigas attālumā pieejami iepirkšanās centri, dažādi pakalpojumi, augstas klases restorāni un kafejnīcas, sporta un skaistumkopšanas centri, kā arī kultūras un atpūtas objekti.We are pleased to offer an attractive investment property at 2 Alfreda Kalniņa Street, located in a highly strategic position at the intersection of Marijas Street and Alfreda Kalniņa Street, just a short walk from Riga’s Old Town and the Central Railway Station.The property has a total area of 117.7 sq. m and is efficiently divided into two separate apartments (57.0 sq. m and 51.4 sq. m). Both units are currently leased, providing stable and ongoing rental income.Apartment No. 1Area: 57.0 sq. m2 roomsLayout includes an entrance hall, bedroom, bathroom, and a living room combined with a kitchen areaApartment No. 2Area: 51.4 sq. m2 roomsLayout includes an entrance hall, bedroom, bathroom, and a living room combined with a kitchen areaHigh-quality finishing materials have been used throughout, with the interiors designed in light, warm, and neutral tones. The apartments are equipped with pre-installed connections for air conditioning systems.The property is located on the 6th floor of the building, which is equipped with an elevator.The location offers excellent infrastructurewithin walking distance are shopping centers, essential services, top restaurants and cafés, fitness and wellness facilities, as well as cultural and leisure destinations.Pilsēta:RīgaRajons:centrsIela:Kalniņa 2[Karte]Istabas:4Platība:118 m²Stāvs:6/6/liftsSērija:P. karaMājas tips:MūraCena:250 000 € (2 118.64 €/m²)

🤖 AI Analysis

23 Feb 2026
7.8
Deal Score
3
Reno Potential
19%
Est. ROI

📸 Photo Assessment

The photos show a property that is already well-renovated with modern finishes, light neutral colors, and good natural light. The bathrooms appear clean and contemporary. The overall condition suggests a move-in ready state.

📋 Analyst Notes

This property is outside the typical renovation-focused investor's target due to its already good condition, limiting renovation ROI. However, the attractive location and the calculated ROI of 19.33% (below the 20% target for 'well-renovated' but still decent) make it an interesting 'move-in ready' investment opportunity. The current split into two rented units also offers immediate income.

🚩 Red Flags

Area slightly above target max, top floor unit (potential roof/heat issues), already renovated

Tags

move_in_ready top_floor good_floor no_balcony centrs period_building good_natural_light

📊 Comparable Properties (10 within 300m)

Avg: €3,182/m² — used for ROI calculation