2705 State Highway Active Save Request In-Person Tour Request Virtual Tour
Eastham,MA 02642
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,503 sqft
Price per Sqft $433
MLS Listing ID 22501184
Style Ranch
Bedrooms 8
Full Baths 8
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 4,503
Originating Board Cape Cod & Islands API
Year Built 1973
Annual Tax Amount $6,248
Tax Year 2025
Lot Size 0.700 Acres
Acres 0.7
Property Sub-Type Multi Family
Property Description
Rare opportunity to own an 8-unit, year-round multifamily complex in Eastham. This versatile property is ideal for condo conversion, short-term rentals, employee or corporate housing, continued year-round tenancy, or potential redevelopment. The property consists of six buildings--two duplexes and four standalone units--served by an I/A septic system rated for nine bedrooms. Seven of the eight units are currently occupied with tenants at will; the remaining unit will be delivered vacant, offering flexibility for a new owner. All units are separately metered for electricity, with a common panel for shared spaces. Units A & B are heated by natural gas. The lower level of A/B includes private storage cages for each unit, coin-operated laundry, and an owner's garage--ideal for material storage or possible income expansion. Recent updates have been made to Unit B and Unit 3/4. Strong rental history with significant upside. Asking price reflects a 6.4% cap on current rent roll and expenses. Call for more details.
Location
State MA
County Barnstable
Zoning Residential
Direction Heading north on state highway, the property is on the left. 2 Driveways - use driveway labeled 2705 1-6.
Rooms
Basement Interior Entry,Full
Interior
Interior Features Recessed Lighting
Cooling Other
Flooring Hardwood,Carpet,Tile,Laminate,Vinyl
Fireplace No
Appliance Electric Water Heater,Water Heater
Exterior
Exterior Feature Yard
Garage Spaces 2.0
View Y/N No
Roof Type Asphalt
Street Surface Paved
Porch Deck
Garage Yes
Building
Lot Description Conservation Area,West of Route 6
Faces Heading north on state highway, the property is on the left. 2 Driveways - use driveway labeled 2705 1-6.
Story 2
Foundation Block,Poured,Other
Sewer Innovative Alternative
Water Public
Level or Stories 2
Structure Type Shingle Siding
New Construction No
Schools
Elementary Schools Nauset
Middle Schools Nauset
High Schools Nauset
School District Nauset
Others
Tax ID 155
Distance to Beach .5 - 1
Special Listing Condition Broker-Agent/Owner