$1,950,000
8 Bed
8 Bath
4,503 Sqft Building
30,492 Sqft Lot

2705 State Highway, Eastham, Massachusetts 02642

  • Residential Income Property Type
  • 433.04 Price/Sqft
  • 14 Cars Garage
  • 1973 Year Built

Property 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. 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.

Basic Details

CCIMLS
$1,950,000
$6,248
2025
Residential Income
For Sale
8
8
1
8.5
22
1973
4,503 Sqft
30,492 Sqft
Active
Multi Family
22501184
eXp Realty, LLC
Mason Hickman

Features

: Other
: Full, Interior Entry
: Deck
: 14
: Water Heater, Electric Water Heater
: Yard
: Tile, Carpet, Hardwood, Laminate, Vinyl
2
: Recessed Lighting
: Conservation Area, West Of Route 6
: Assigned, Stone/gravel, Paved, Off Street, Basement
: Asphalt
: Innovative Alternative
No
.5 - 1

Additional Information

: Ranch
: Shingle Siding
: Poured, Other, Block
: Updated/remodeled, Unknown/mixed
: Public
: Broker-agent/owner
: Public
Residential
No
0
03/26/2025

Address Map

2705 State Highway
MA
Barnstable
Eastham
Eastham
02642
0
W70° 1' 32.6''
N41° 49' 59.7''
Heading north on state highway, the property is on the left. 2 Driveways - use driveway labeled 2705 1-6.
Property