Added 1 week ago
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Type: Fourplex
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Style: 2-Storey
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Lot Size: 38.33 x 120 Acres
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Age: 51-99 years
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Taxes: $5,660 per year
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Days on Site: 3 Days
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Added: Feb 11, 2025 (1 week ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: X11967897
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Listed By: Century 21 heritage house ltd
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. Contact us today to schedule a viewing and make this exceptional property part of your portfolio.
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Property
Status: Sale
Property Type: Fourplex
Style: 2-Storey
Age: 51-99
Area: Cambridge
Availability Date: Flexible
Assessment Amount: $408,000
Assessment Year: 2024
Inside
Bedrooms: 7
Bathrooms: 5
Kitchens: 4
Den/Family Room: No
Air Conditioning: None
Fireplace: No
Laundry Level: Lower
Central Vacuum: N
Washrooms: 5
Building
Basement: Finished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Stucco/Plaster
Water Supply: Municipal
Special Designation: Unknown
Parking
Garage Type: None
Covered Parking Spaces: 7
Total Parking Spaces: 7
Fees
Tax Year: 2024
Tax Legal Description: LT 134 PL 185 CAMBRIDGE; CAMBRIDGE
Taxes: $5,660
Land
Cross Street: Third Ave
Municipality District: Cambridge
Fronting On: East
Parcel Number: 226680116
Pool: None
Sewer: Sewers
Lot Depth: 120 Acres
Lot Frontage: 38.33 Acres
Lot Irregularities: 120.05 ft x 38.58x120
Zoning: R5
Somewhat Walkable
- Some errands can be accomplished on foot.
Some Transit
- Most errands require a car.
Somewhat Bikeable
- Most errands require a car.
St Francis Catholic Elementary School
Elementary: CatholicSt Gregory Catholic Elementary School
Elementary: CatholicCentral Public School
Elementary: PublicSt Andrew's Public School
Elementary: PublicHighland Public School
Elementary: PublicTait Street Public School
Elementary: PublicSouthwood Secondary School
Secondary: PublicGlenview Park Secondary School
Secondary: PublicGalt Collegiate and Vocational Institute
Secondary: PublicMonsignor Doyle Catholic Secondary School
Secondary: CatholicPreston High School
Secondary: PublicSt Benedict Catholic Secondary School
Secondary: Catholic-
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