Sold!
$1,550,000
9
Beds
8/1
Baths
4,503
Living Area
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Property Description
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.
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Highlights
- Area: Eastham (village)
- Heating: Baseboard, Natural Gas, Electric
- Parking Spots: 24
- Property Type: 5-9 Family
- Total Rooms: 22
- Status: Closed
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1973
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
- Construction: Frame
- Exterior Features: Balcony/Deck, Varies per Unit
- Foundation: Concrete Perimeter, Block, Slab
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 8
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Interior Entry, Concrete
- Exclusions: Tenants Personal Belongings
- Flooring: Hardwood
- Interior Features: Storage, Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Remodeled, Stone/Granite/Solid Counters, Internet Available - Unknown, Living Room, Kitchen, Office/Den, Living RM/Dining RM Combo
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Unknown/Mixed
- Zoning: Res
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Amenities
- Community Features: Walk/Jog Trails, Bike Path, Conservation Area, Highway Access
- Parking Features: Paved Drive, Off Street, Tandem, Assigned, Common, Guest, Driveway, Stone/Gravel, Paved
- Covered Parking Spaces: 2
- Waterfront Features: Lake/Pond, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Private Sewer, Other
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Fees / Taxes
- Assessed Value: $87,700
- Tax Year: 2026
- Total Rent: $14,050
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Water), Unit 3(Water)
- Taxes: $6,762
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of eXp Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
