Property Details: MLS #22501184
| 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. | |
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Price: $1,950,000 | Bedrooms: 8 | Bathrooms: 8/1 2705 State Highway, Eastham, MA 02642 |
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Courtesy of Orleans Village Properties, LLC. All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than Orleans Village Properties, LLC include the name of the listing broker. Neither the listing company nor Orleans Village Properties, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Orleans Village Properties, LLC has chosen to display only certain towns and/or types or styles of properties. Copyright 2002 - 2025 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.
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Orleans Village Properties, LLC220 Main Street
PO Box 1551
East Orleans, MA 02643
Call: 508-255-1700
Text: 508-254-8001
