8 Nightingale ST Pending Save Request In-Person Tour Request Virtual Tour
Hamilton,ON L8L 1R6
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Landsdale
MLS Listing ID X12008186
Style 2 1/2 Storey
Bedrooms 8
Building Age 100+
Annual Tax Amount $4,100
Tax Year 2024
Property Sub-Type Triplex
Property Description
Welcome to 8 Nightingale, where investment dreams take flight! Nestled in the coveted Lansdale neighborhood just a stone's throw away from downtown, this expansive 2,022 square foot legal triplex promises not just a property, but a promising investment for astute buyers. Boasting four generously sized 2-bedroom units, this residence stands as a beacon of lucrative possibilities. With an impressive annual gross rent surpassing $60,000 and a cap rate exceeding 6.5%, this property stands tall as a cornerstone for your real estate portfolio. Sitting on a spacious lot measuring 36 feet by 127 feet, ample parking for up to four vehicles awaits, with the added allure of potential for a laneway house, further elevating revenue potential. Moreover, the strategic location - mere steps from the planned LRT stop - positions this property as a prime choice for both current and future tenants, ensuring enduring demand and maximizing your returns. Recent upgrades, including window and roof replacements in 2020, newer kitchens, flooring, lighting and more. Brand new energy efficient combi-broiler installed in 2024 and Fire Escape in 2025. More value-adds can be made later during vacancies. Furthermore, separate hydro meters afford convenience and flexibility, streamlining management and enhancing tenant satisfaction. Embrace hassle-free ownership with a property already filled by exceptional tenants. For a deeper dive into the financial landscape and investment potential, detailed financials are available upon request.
Location
Province ON
County Hamilton
Community Landsdale
Area Hamilton
Rooms
Family Room No
Kitchen 4
Interior
Cooling None
Exterior
Exterior Feature Patio
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Building
Foundation Unknown
Others
Virtual Tour https://sites.genesisvue.com/8nightingalest/?mls