91 Water St S

Whether You're A House-Hacker Hunting For The Perfect Place To Live In And Grow Your Wealth Or A Pure Investor Looking For An Amazing Investment Vehicle (6% Cap Rate), This Is Truly A Rare Opportunity. This 4Plex Means That If You Want To Move In, You Can Pick The Bachelor Or A 2 Bedroom Or The 3 Bedroom. 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. Immediate Rental Income: 3 Out Of 4 Units Are Currently Vacant, Giving You The Flexibility To Set Market-Rate Rents Right From The Start. Unit 3, The Smaller 2-Bedrm, Is Already Rented At $1,900/Month + Utilities (Current Market Rate), Proving The Income Potential. Total Projected: Cash Flow Of $1,122/Mo, Total 5 Year Equity Of $600K, 10 Year Equity $975K, 15 Year Equity $1.4M * For The House Hacker: If You Occupy The Bachelor Unit, Here's The New Math As Of Dec 15: Minimum Down $115K = Mtg $1,280,000 4.25%/30 Year = $6,269/Mo. $8,000 Income - Bachelor@ $1,500 = $6,500 Net Income - $6269 Mortgage = $231 Cash Flow. * 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 * (House Is Virtually Staged.) The Asphalt Walkway On The South Side Of The House Will Be Replaced In September * 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 6Min, Groovy Gaslight District 8Min, U Of With Cambridge 10Min, Grocery Store12 Min - So Near To Everything Without Being In The Thick Of It * By Car You Are 10Min 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!

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 * Concrete Walkway On The South Side Of The House Will Be Replaced In November