$560,000
47 Nightingale Street, Hamilton, ON L8L 1R7
6 beds2 baths2 parking 1100-1500 ft²
Key facts
- MLS®
- X13544482
- Status
- Price Change
- Type
- Detached
- Taxes
- $2,556
- Size
- 1100-1500 ft²
- Parking
- 2 total
- Listed
- 2026-07-09
- Brokerage
- EXP REALTY
- Cross street
- Wentworth St. N. & Nightingale St.
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.