|Property Type||Investment Property|
|Refreshed on||May 27, 2023|
James L. Murtagh Auctioneers are delighted to present this excellent residential investment opportunity at 4 Patrick Street, Mullingar, Co. Westmeath to the market. This property is located in Mullingar town centre, minutes walk from social and essential services and amenities that the town offers, including an array of retail outlets and restaurants. The location is well serviced by public and private transport links with Mullingar Train and Bus Stations and access to health care providers less than a 2 minutes walk from the property. The asset comprises 2 no. 1 bed apartments on the first floor and 1 no. 2 bed apartment on ground floor occupying an overall 1,596 sq ft. The apartments on the first floor are fully let with tenants not affected and the ground floor apartment is currently vacant. The property comes to the market in excellent condition and benefits from continual maintenance and upgrades. This asset has the potential combined rental income of €36,000-€38,000 per annum. The existing rental income information is available upon request from the agent. Accommodation as follows Ground Floor apartment (1) Kitchen 1.70m x 4.38m Living room 2.86m x 4.38m Bedroom 1 3.31m x 4.38m (ensuite 2.11m x 2.39m Utility 1.77m x 1.21m Bathroom 1.77m x 3.02m First Floor Apartment (2) Kitchen 3.36m x 1.58m Living room 3.36m x 5.26m Bedroom 2.77m x 3.83m Bathroom 2.06m x 2.47m Apartment 3 Kitchen 4.06m x 1.34m Living room 4.06m x 3.20m Bedroom 3.03m x 3.43m Bathroom 0.88m x 2.76m This is an exceptional town centre investment opportunity for the astute investor. Viewing is highly recommended by appointment only.
Date created: May 27, 2023