Bauskas iela 151, Rīga, Bišumuiža

2-room apartment for sale in a historic wooden building in Bišumuiža, at 151 Bauskas Street. An affordable home in Riga’s historic district. The apartment is located on the second floor of a two-story building and has a total area of 37 m². The property also includes a shed in the yard for firewood and other belongings.
The building was constructed in 1901 and is in fair condition. The foundation was repaired a year ago. Heating is provided by a stove, which is very economical and retains heat well. The land is leased from the municipality for 40 EUR per year.
The apartment is well-suited for both residential use and as an investment—the potential monthly rent is around 200 EUR, which provides an approximate annual return of 7%.
The neighborhood has complete infrastructure, and public transportation stops are located right next to the building.