47 NIGHTINGALE STREET, Hamilton (Landsdale)
6 BEDS · 2 BATHS · 1100 - 1500 sqft
$560,000
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.
General Info
| MLS Listing ID: X13544482 | Bedrooms: 6 | Bathrooms: 2 | Year Built: 0 |
| Listing Type: Single Family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Unknown | Roof: N/A | Title To Land: Freehold | Parking Space Total: 2 |
| Parking: No Garage | Heating: Forced air | Size: 1100 - 1500 sqft | Air Conditioning : Central air conditioning |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Partial |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |







