McCabe House, Main Street, Portarlington, Co. Laois, R32YY30

Hoskins Real Estate - Your Trusted Estate Agent


Fantastic opportunity to purchase this multi-unit dwelling comprising of four apartments plus commercial unit. All units are currently let with an income of circa. €40,800 per annum producing circa 9% yield. Situated on the main street of Portarlington adjoining the Garda Station. A pre-63 constructed building conveniently located within walking distance of all amenities including, shops, pubs, restaurants and train station.

Retail unit:

The tenant is operating a nail bar currently on a 12-month lease but is eager to stay on a longer term. Current rent is €400 per month, circa €4,800 per annum.

Retail unit – 4.64m x 3.34m
Laminate floor throughout
Whb
Electric storage heating
Wc – in communal hallway at the rear

Apartment: 1

Well maintained compact two bed ground floor apartment comprising of living room, kitchen, bathroom and two bedrooms. Currently let €1,100 per month, €13,200 per annum.

Living room – 3.39m x 3.53m
laminate floor
Kitchen – 3.01m x 1.08m
tiled floor, plumbed, built in units
Bathroom – 1.65 x 1.45m
tiled floor, electric shower, whb, wc
Bedroom – 3.57m 2.15m
laminate floor, wardrobe
Bedroom 2 – 3.64m x 2.18m
laminate floor, wardrobe

Apartment 2:

First floor one bed apartment comprising of one double bedroom, living cum dining / kitchen area and bathroom. Current rent €500 per month, €6,000 per annum.

Living cum dining / kitchen area – 5.39m x 3.34m
carpet, built in units
Bedroom – 3.30m x 2.41
carpet, wardrobe
Bathroom – 1.70m x 1.38m
¾ tiled, electric shower, whb, wc, towel rail,
Electric storage heating

Apartment 3:
First floor one bed bedsit. Current rent €650 per month, €7,800 per annum

Apartment 4:
Second floor one bed apartment. Current rent €750 per month, €9,000 per annum.


BER Rating: Exempt

Outside Details:
Gated side access to communal area and entrance to the building for all apartments.

Services:
• Mains sewerage
• Electric heating throughout
• Mains water

Attributes:
• Great investment opportunity
• Annual rental income €40,800
• Excellent location
• Walking distance of all amenities
• Potential to convert into a home (P.P would be required)



VIEWING STRICTLY BY APPOINTMENT ONLY
WITH SOLE SELLING AGENTS

(057) 8509974
Licence Number: 004851
These details are provided for informational purposes only and are not intended to be part of any contract. Although care has been taken in their preparation, we cannot be held responsible for any inaccuracies. They are issued with the understanding that all negotiations will be carried out through this firm.

BER Rating: BER SI_666