8 NIGHTINGALE STREET|Hamilton (Landsdale), Ontario L8L1R6

For Sale : CAD 775000

MLS #: X12008186

Details

Bed Rooms
8
Bath Rooms
4
Property Type
Single Family

Description

MLS Number: X12008186 Property Details: • Type: Single Family • Bedrooms: 8 • Bathrooms: 4 • Building Type: Triplex Additional Information: 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. (40006767) Agent Information: • Agents: ANTE SKOKO • Brokerage: KELLER WILLIAMS SIGNATURE REALTY Time on Realtor: 21 hours ago

Location

Address
8 NIGHTINGALE STREET|Hamilton (Landsdale), Ontario L8L1R6
City
Hamilton (Landsdale)

Map

Features And Finishes

Amenities Nearby: Public Transit, Schools

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