202 S Water St in Cambridge, IA is a charming home situated on a spacious corner lot, offering a serene and private setting. The property features a fenced-in back and side yard, perfect for outdoor activities and providing a safe space for pets or children to play. With its desirable layout, the house boasts three comfortable bedrooms located upstairs, accompanied by a convenient 3/4 bath. The main floor showcases an open-concept kitchen and dining area, along with a full bath and a welcoming living room. Additionally, a practical mudroom can be found on this level, providing easy access to the outdoors. The lower level of the home accommodates flex space to be used as another family room, workout space, or storage, plus a convenient laundry/utility room. Easy and quick access to Interstate 35, making a commute to Ames or Ankeny a breeze. Home is being sold as is. Will not pass FHA financing. Roof claim in process for the house and garage and funds will be kept in escrow until completed.