91 Water St S
Cambridge
$1,250,000
Buy with Dwelly and Save $12,500
Home Details
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Listing Description
Attention house hackers hunting for the perfect place to live for free AND grow your wealth , multi gens who want a worry-free home for your extended family & pure investors looking for an amazing investment vehicle (6.7% CAP rate!): Where can you find an investment property that has a monthly net cash flow AFTER financing of $2,323 with 20% down (@ 4% 30 yr AM) OR $1,421 with minimum down?? Truly this is a rare opportunity. This legal triplex with a 4th bachelor unit cash-flows ekven without the income of the 4th unit! Fully Renovated: Professionally redone top to bottom, ensuring you attract high-quality tenants & minimize future maintenance costs. Nearly everything is NEW, meaning fewer headaches, more peace of mind. All 4 units are currently vacant, giving you the flexibility to set market-rate rents right from the start. Unit 3, the smaller 2-bedrm, was rented at $1,900/mo + utilities (current market rate), proving the income potential. Total 5 yr equity position $381k, 10 yr equity $813k * Versatile Layout: The suite configurations offer you diverse rental options. The composition includes one 3-bedroom, two 2-bedrooms, and one bachelor unit. Plus, there's parking for four vehicles at the rear of the property * Amazing location! You've got the Grand River right in front of you with access to lots of walking trails including the famous Cambridge To Paris Rail-Trail, WALK to: Downtown 5min, Cambridge Bus Terminal 6 minute, groovy Gaslight District 8min, U of W Cambridge 10min, grocery store 12 min - so near to everything without being in the thick of it * By car you are 10 minute to the 401, 30min to Hamilton, and an hour to Toronto * No, this one will not be available for long! Grab the brass ring and begin to create generational wealth! **EXTRAS** Each unit pays for their own heat & hydro plus one hydro meter for the landlord to pay for the common area usage, (House is virtually staged)
4 of each: fridge, stove, washer/dryer; all light fxtures, 4 electric hot water tanksl
City: Cambridge
Property History
Rooms
Room dimensions for 91 Water St S, Cambridge
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 91 Water St S is 6475
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1250000 |
| Down Payment | $250000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1000000 |
Monthly Payment
| Mortgage Payment | $6162 |
| Property Taxes | $313 |
| Maintenance Fees | $0 |
| Monthly Payment | $6475 |
About 91 Water St S, Cambridge
Located at 91 Water St S , this Cambridge house is available for sale. This property was listed for $1,250,000 on Mon Apr 07 2025. This house's size is 3000-3500 Sqft. It has 7 bedrooms and 4 bathrooms. The property includes the following rooms: Primary, 2nd Br, 3rd Br, Kitchen, Living, Primary, 2nd Br, Laundry, Kitchen, Living, Primary, Br, Living, Kitchen, Laundry, Living, Kitchen. This property comes with 4 parking spots.
MLS#: X12067486 · $1,250,000 · 7 bedroom house in Cambridge