$899,000
FOR SALE

Triplex 2 1/2 Storey

Bedrooms: 8Bathrooms: 4Lot: 36.04 x 127.5 ft
2023 Taxes: $3,961

8 Nightingale St
Hamilton, ON L8L 1R6 | Landsdale

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. 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.
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Listed By KELLER WILLIAMS SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8317378
Last Updated May 08, 2024
Property Summary
Property Type Triplex

More like this:
PIN 171800073
Legal Description PT LT 55, PL 43 , AS IN VM230798 ; HAMILTON
Possession Date Flexible
Taxes (2023) $3,961
Directions/Cross Streets Wentworth/Cannon
Neighbourhood Landsdale
Area Hamilton
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On N
Property Features Public Transit
Special Designations Unknown
Bedrooms 8
Bathrooms 4
Rooms 12
Kitchens 4
Lot 36.04 x 127.5 ft
Acreage <.50
Approximate Square Footage 2000-2500
Approximate Age 100+
Exterior Brick Front
Air Conditioning None
Family Room N
Fireplace/Stove N
Pool None
Basement Apartment, Sep Entrance
Drive Lane
Garage Spaces 0.0
Garage Type None
Parking Spaces 4
Total Parking Spaces 4.0
Heat Source Gas
Heat Type Radiant
Sewers Sewers
Water Municipal
Zoning D
Seller Property Info Statement N
Bathrooms
Pieces Level
3Main
32nd
33rd
3Bsmt

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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