An excellent investment opportunity in Eastham, 2705 State Hwy features an 8-unit, year-round multifamily complex with strong rental history and multiple paths for future value. Ideally located near Salt Pond, the Eastham Rec Department, and Coast Guard Beach, it offers dependable income in a consistently high-demand market. The property includes 6 buildings—2 duplexes and 4 standalone units—served by an I/A septic system rated for 9 bedrooms. Utilities are separated and paid by tenants (except water). All 8 units are occupied, with one leased and the rest tenants at will. Private storage cages, coin-op laundry, and an owner's garage add functionality and value. Two units have recent updates, creating a solid base 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.
For sale
$1,650,000
2705 State Hwy, Eastham, MA 02642
9beds
4,503sqft
Est.:
5-9 Family
Built in 1973
-- sqft lot
$-- Zestimate®
$366/sqft
$-- HOA
What's special
Coin-op laundry
- 17 days |
- 428 |
- 10 |
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