8 NIGHTINGALE STREET Active Save Request In-Person Tour Request Virtual Tour
Hamilton (landsdale),ON L8L1R6
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,999 sqft
Price per Sqft $387
Subdivision Landsdale
MLS Listing ID X12008186
Bedrooms 8
Originating Board Toronto Regional Real Estate Board
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. 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:24570)
Location
Province ON
Rooms
Kitchen 4.0
Extra Room 1 Second level 3.45 m X 2.64 m Kitchen
Extra Room 2 Second level 3.12 m X 4.09 m Bedroom
Extra Room 3 Second level 3.45 m X 2.74 m Bedroom
Extra Room 4 Third level 3.66 m X 4.83 m Kitchen
Extra Room 5 Third level 2.9 m X 5.21 m Bedroom
Extra Room 6 Third level 2.9 m X 3.63 m Bedroom
Interior
Heating Radiant heat
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
Virtual Tour https://sites.genesisvue.com/8nightingalest/?mls