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8 Nightingale St
Nightingale St, Landsdale, Hamilton, ON, L8L 1R6
![8 Nightingale St, Hamilton, ON - 1 of 3](https://media.unreserved.com/residential-listing/XeL2Q/images/RfEr2siGRkeJPcuY0zSHzA_570_460_f.jpg)
![8 Nightingale St, Hamilton, ON - 2 of 3](https://media.unreserved.com/residential-listing/XeL2Q/images/PProEexzTmymlRFJzArT0g_308_226_f.jpg)
![8 Nightingale St, Hamilton, ON - 3 of 3](https://media.unreserved.com/residential-listing/XeL2Q/images/IoNpnA5PSYyVL7oBhwJl7w_308_226_f.jpg)
Quick Summary
Quick Summary
- Expansive 2,022 sq ft legal triplex
- Boasts four generously sized 2-bedroom units
- Impressive annual gross rent over $60,000
- Attractive 7.5% cap rate
- Spacious 36 ft x 127 ft lot with ample parking
- Potential for laneway house to increase revenue
- Strategic location near planned LRT stop
- Recent upgrades including windows and roof
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... Show More
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 of approximately 7.5%, 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. (id:54626)
Additional Media
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Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Kitchen
8′7″ x 11′3″
Bedroom
13′5″ x 10′2″
Bedroom
8′11″ x 11′3″
Kitchen
15′10″ x 12′0″
Bedroom
17′1″ x 9′6″
Bedroom
11′10″ x 9′6″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
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