Apartments 1 & 2, 44 Morgan Street, Waterford

44 Morgan St offers an excellent investment opportunity to the investor who has a preference to independently manage their properties. Comprising 2 x 1 bed apartments being sold in one lot, this two storey property was completely refurbished in recent years and offers a turnkey investment opportunity. Additionally, the property does not require a management company, which is a distinct advantage.

LOCATION Located in the heart of Waterford city, 44 Morgan St is ideally situated immediately adjacent to Supervalu at Hypercentre, public transport, Aldi, Ballybricken, and a couple of minute’s walk from the city retail district. Additionally, the property is within a short walk from SETU College St Campus and Dept of Architecture. The property occupies a corner position and benefits from ample on street metered parking on the intersecting Grace’s Lane.

THE PROPERTY The property is set out with one self-contained apartment on each of two floors, each separately metered for both gas and electricity. PVC double glazed windows throughout. Ground floor apartment comprises generous kitchen/living/dining room, utility/storage room, bedroom, shower room, rear hall and small yard to rear. First floor apartment comprises kitchen, generous living/dining room, large bedroom, shower room.

RENTAL HISTORY Apartment 1 is being sold with vacant possession and the most recent rent was €950, set on 6.3.23 . Apartment 2 is being sold with sitting tenant – present rent is €950 which was set on 6.3.23
Asking price – €249,000