223 WATER Street N

About this home.

Great investment opportunity: legal duplex with strong income potential. You can get vacant possession and set your own rents. This up-and-down property includes two units 1-bedroom unit, two bedroom unit plus a possible of a basement in-law suite (currently the son is living there). The upper unit offers a playful loft for extra living . The main level boasts high ceilings, a den/office, and a front and rear entrance. Ample parking behind the house. Conveniently located near the schools, hospital, shopping, and downtown, with nearby parks, river trails, and walking paths for outdoor recreation. Twenty minutes to the 401 and a bus stop directly across the road.? Two Separate Hydro meters A real Money Maker. (id:59491)

The full record.

How this listing prices against City Core/Wellington.

City Core/Wellington had just 1 sale compared with 18 active listings, making it one of the softer markets in Cambridge this month. The lone sale closed at $490,000 in 14 days and 98.02 percent of list, but that single result is less important than the heavy inventory, especially with 13 active condo listings. Right now, this area looks slower-moving, with buyers able to be selective and sellers needing sharp pricing to stand out.

Estimate the monthly carry.