Unit Information
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.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5-9 Family
- Zip Code: 02642
- Levels: 2
- Parking
- Garage: 2
- Garage Capacity: 2
- Parking: Paved Drive, Off Street, Tandem, Assigned, Driveway, Stone/Gravel, Paved
- Parking Spaces: 22
- Rooms and Dimensions
- Total Units: 8
- Total Floors: 2
- Total Rooms: 22
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$1,950,000
- Listing ID: 73350363
- Bedrooms: 8
- Full Baths: 8
- Half Baths: 1
- Living Area: 4,503 sqft Convert
- Lot Size: 30,492 sqft Convert
- Acres: 0.7
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |