$1,795,000

2705 State Highway , Eastham, MA 02642

 
Bedrooms:8 beds
Bathrooms:8 baths
Other:4,503 sqft
Lot:0.7
Year Built:1973
Listing Status:Active

Listing Agent

Mason Hickman
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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. Tenants pay for all utilities, except water. All units are separately metered for electricity, with a common panel for shared spaces. Each unit has it's own hot water heater. Units A & B are heated by separately metered natural gas. The remaining units are heated by electric baseboard heat. 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 6.7% cap rate on current rent roll and expenses. Call for more details.

Detailed Items

Other Information

2705 State Highway, Eastham, MA, 02642 is a other listing of 4,503 sqft on a lot of 0.7. This other listing has 8 bedrooms, and 8 baths. The map for this location can be viewed on Google maps at Google maps to property2705 State Highway, Eastham, MA
Copyright © 2025 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask a question

By pressing Request Info, you agree that HousingNow.com and real estate professionals may call, text or email you regarding your inquiry, which may involve the use of automated means.
Learn how to appear as the Local Advisor above