Investments could be made not only into hotels, but also houses. This project is a new version of income-bearing residential house! Construction of a new residential complex on the 4th line of Vasilievsky island is a perfect proof for it. It will offer apartments both for long-term and mid-term lease. The four-storeyed building with a high basement was constructed in 1854. Its facade is decorated in the eclectic style. The building is currently under renovation, to appear in the full blaze of beauty and with a new look before the new owners and guests of St. Petersburg in 2023.