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MULTI_FAMILY - Eastham, MA
An excellent investment opportunity in Eastham, 2705 State Highway offers an eight-unit, year-round multifamily complex with strong rental history and multiple avenues for future value. Ideally located near Salt Pond, the Eastham Recreation Department, and Coast Guard Beach, the property provides dependable income in a consistently high-demand market. The property consists of six buildings-two duplexes and four standalone units-supported by an I/A septic system rated for nine bedrooms. All utilities are separated and paid for by the tenants, except for water. All eight units are occupied, with one under lease and the remaining tenants at will. Private storage cages, coin-operated laundry, and an owner's garage offer added functionality and potential value. Two units have received recent updates, creating a foundation for further improvements and rent growth. This property is well-suited ...
An excellent investment opportunity in Eastham, 2705 State Highway offers an eight-unit, year-round multifamily complex with strong rental history and multiple avenues for future value. Ideally located near Salt Pond, the Eastham Recreation Department, and Coast Guard Beach, the property provides dependable income in a consistently high-demand market. The property consists of six buildings-two duplexes and four standalone units-supported by an I/A septic system rated for nine bedrooms. All utilities are separated and paid for by the tenants, except for water. All eight units are occupied, with one under lease and the remaining tenants at will. Private storage cages, coin-operated laundry, and an owner's garage offer added functionality and potential value. Two units have received recent updates, creating a foundation for further improvements and rent growth. This property is well-suited for investors pursuing short-term rental potential, employee or corporate housing, continued year-round tenancy, condo conversion, or longer-term redevelopment.
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