Portfolio Of Six Apartments, Behan Square, 12-16 Russell Street

• Superb Multi-Unit Residential Investment Opportunity
• Excellent City Centre Location
• Energy Efficient B BER Rating
• Shared Rooftop Terrace
• Three Designated Underground Car Spaces
• GFCH
• Elevator
• Excellent Location Close To Abundance of Amenities

Excellent City-Centre Multi-Unit Residential Investment Opportunity | 6 x Two-Bed Apartments | All Let | Current Rental Income €141,125.04 p.a.

Galvin Property along with their joint agent BidX1are delighted to bring to the market an attractive investment opportunity comprising of 6 two-bedroom apartments within the well-established Behan Square development on Russell Street, Dublin 1. All apartments are currently let, providing an established rental income stream.

Each apartment provides well-proportioned two-bedroom accommodation, generally comprising a welcoming entrance hall with large walk in storage press and hot press, open plan kitchen/ dining/ living room with balcony access, two large double bedrooms, and the fully tiled bathroom completes the accommodation. There is one designated underground parking space for 3 of the apartments while all have access to a roof top terrace that showcases some stunning views across the city.

The convenience of this location cannot be over emphasized. Behan Square is set just the off North Circular Road and within walking distance of the City Centre and therefore every conceivable amenity is close at hand. Such amenities include schools, shops, restaurants, parks, and for the sports enthusiasts Croke Park is on the doorstep. There are numerous transport links available which include Drumcondra Train Station and various bus routes, while the Luas and Connolly Station are within comfortable walking distance.

The 6 occupied apartments currently produce €141,125.04 per annum in gross rental income. Summary information below;

Apt Beds Sq.Ft Parking Tenancy Commenced Monthly Rent Annual Rent
17 2 764 Yes 3 April 2023 €2,121.81 €25,461.72
18 2 732 Yes 3 January 2019 €2,065.00 €24,780.00
19 2 785 Yes 3 May 2023 €1,997.78 €23,973.36
20 2 785 No 6 September 2008 €1,942.08 €23,304.96
21 2 775 No 30 September 2009 €1,769.70 €21,236.40
24 2 754 No 21 December 2022 €1,864.05 €22,368.60

Further information, including the detailed rental schedule, tenancy information and sale particulars is available upon request.

Call us on 014964612 to arrange a viewing.