$775,000

8 Bed, 4 Bath, 2,000 ft², 2 1/2 Storey home is located near Wentworth/Cannon in 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.

8 Nightingale St, Hamilton is a 8 bedroom, 4 bathroom residential 2 1/2 Storey triplex home. 8 Nightingale St, Hamilton is conveniently located in the Landsdale neighbourhood of Hamilton Ontario. 8 Nightingale St, Hamilton is an MLS®-Listed home with an asking price of $775,000. This residential property has been listed on ctfrealty.com for 1 days. The home is 100+ years old. Based on the Listing Price of 8 Nightingale St, Hamilton, the estimated monthly mortgage payment would be $3,744. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 8 Nightingale St, Hamilton are approximately $4,100/year based on 2024 assessment.

This 2 1/2 Storey triplex home located at 8 Nightingale St, Hamilton features a Brick Front exterior. The lot size of this North facing property is 36.04 x 127.5 feet. The property has 4 parking spaces. The home has Gas fueled Radiant heating and has no air conditioning. The kitchen at main level has . The bedroom at main level has . The bedroom at main level has . The kitchen at 2nd level has . The bedroom at 2nd level has . The bedroom at 2nd level has . The kitchen at 3rd level has . The bedroom at 3rd level has . The bedroom at 3rd level has . The kitchen at basement level has . The bedroom at basement level has . The bedroom at basement level has . Features of 8 Nightingale St, Hamilton include public transit, school.