32 Thomas Street, Limerick City, Limerick€420,000 G

Investment Property For Sale

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Description

Substantial 4-storey over basement mid-terraced residential investment property having residential accommodation on all floors. The property has 9 units in total: 5 x 1-bed apartments and 4 studio apartments. Property fully occupied. In good condition throughout. The property is being sold with all tenants in situ and the current passing rent is €47,424 per year. Excellent opportunity to acquire a city centre residential multi-unit investment building with an attractive income.

Features

Excellent opportunity to acquire a city centre residential multi-unit investment building with an attractive income.

BER Rating C1 - G
BER No. Available on request.

BER Details

BER: G

Accommodation

Substantial 4-storey over basement mid-terraced residential investment property having residential accommodation on all floors.
The property has 9 units in total which is a combination of 5 x 1-bed apartments and 4 studio apartments.
There is a separate residential unit in the basement with all other units being accessed via the hall door leading to a stairway to all floors.
All units except the basement are accessed via the hall door leading to a stairway to all floors, the basement has its own independent access.
The heating system is communal and the cost of same is borne by the Landlord.
The property is being sold with all tenants in situ and the current passing rent is €47,424 per year.
The property has a planning and fire cert.

Directions

The property is situated on Thomas Street in Limerick city centre.
Travel up Thomas Street from O’Connell Street and the property is located on the left hand side a short distance before Wickham Street.

Disclaimer

These Particulars and Terms are issued by Rooney Auctioneers (Limerick) Limited on the agreed understanding that all negotiations in respect of the property mentioned, are and will be conducted through them.  Whilst every care has been taken in preparing these Particulars and Terms of the said property, Rooney Auctioneers (Limerick) Limited do not warrant these Particulars and Terms or any representations made by them about the property and all intending purchasers/lessees should satisfy themselves as to the correctness and/or accuracy of the information given. Rooney Auctioneers (Limerick) Limited shall further not be liable for any loss or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.