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    For Sale - 47 Nightingale Street, Hamilton, Ontario

    Est payment $2,689/mo
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    Views   4
    Time on Jump  45 day

    AI Summary *

    • Investment property available as part of a larger multifamily portfolio.
    • Four-door property with upper and basement units for diverse rental income.
    • Currently generating $46,200 in annual rent with good profit margins.
    • Flexible month-to-month leases allow for easy rent adjustments.
    • Two-car parking offers additional income potential in a busy area.




    47 nightingale street, hamilton is an investment property within a portfolio. A four-door property combining a room-based upper unit with a self-contained basement suite, offered at a 5. 83% in-place cap rate on current rents. This fully-tenanted property generates $46,200 in gross annual rent and $34,950 noi/profit. The basement is operated as a 3-room unit with its own living room, kitchen, and bathroom, sitting below a 3-door upper unit. Three of the four doors are already month-to-month, giving a new owner a clear, near-term path to reset rents to market on standard notice without waiting years for turnover. The room-based configuration plus a separate basement unit allows income to be grown door-by-door rather than all at once. 2-car parking at the rear adds a rentable amenity in a parking-constrained lower-city location, with further upside available by renting the spots separately.
    Listing IDX13544482
    Address47 Nightingale Street
    CityHamilton, Ontario
    Price$560,000
    Bed / Bath6 / 2 Full
    Style2 1/2 Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features OtherOwnership FreeholdBasement Partial BasementFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    47 Nightingale Street
    Hamilton , Ontario
    6 2 $560,000
    Get more info