184 days on market
 $1,150,000
For Sale

Tait St
Price Change

Cambridge

7+null Bed|5 Bath|Yes|184 days on market

$1,200,000$1,150,000

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Home Details

Taxes
$472 / month
Total Parking Spots
7
Driveway
Private Triple
Garage Spaces
NaN
Furnished
No
Lot Size
38.33 x 120 Acres
Move-in Date
Flexible
Building Age
51-99 Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Finished
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Laundry Access
Lower
Exterior
Stucco/Plaster
Zoning
R5
Sewer
Sewers
Property Type
Fourplex
Style
2-Storey
Status
Price change
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Listing Description

Welcome to 107 Tait Street, a fully tenanted fourplex located in a prime neighborhood, offering a reliable income stream and exceptional investment potential. This property features one 1-bedroom unit and three 2-bedroom units, each with a separate entrance, providing privacy and convenience for tenants. With seven dedicated parking spaces and coin-operated laundry facilities, it offers amenities that enhance tenant satisfaction while adding an additional revenue stream. Recent upgrades include significant safety and utility enhancements, such as the removal of a dangerous tree in 2019, the separation of water metering in 2020, and the installation of a commercial-grade water softener and three high-efficiency gas furnaces in Units 101, 202, and 301 in 2020. Modernization efforts continued with a new fridge for Unit 201 in 2021, two hot water tanks for Units 202 and 301 in 2022, and a new dishwasher and hot water tank for Unit 201 in 2023. Additionally, Unit 101 was renovated in 2024 and outfitted with all-new stainless steel appliances. These improvements ensure tenant satisfaction while minimizing future maintenance costs. Conveniently located near shopping, dining, schools, and public transportation, this property is highly attractive to renters. Fully occupied and income-generating from day one, 107 Tait Street is a hassle-free, turnkey investment opportunity.
hot water tank owned

Property History

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Rooms

Room dimensions for Tait St, Cambridge
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Purchase Price$1200000
Down Payment$240000
Mortgage Insurance$0
Total Mortgage$960000

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Mortgage Payment$5916
Property Taxes$472
Maintenance Fees$0
Monthly Payment$6387
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About Tait St, Cambridge

Located at 107 Tait St , this Cambridge house is available for sale. This property was listed for $1,150,000 on Thu Mar 13 2025. This house's size is 38.33 x 120 Acres. It has 7 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 7 parking spots.


MLS#: X11967897 · $1,150,000 · 7 bedroom house in Cambridge