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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.
General Information for 2705 State Highway Eastham, MA 02642 |
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| Town | Eastham |
| Village | Eastham |
| County | Barnstable |
| Stories | 2 |
| SQFT | 4,503 |
| Status | Available |
| Listing Number | 22501184 (CCIMLS) |
Rooms Information for 2705 State Highway Eastham, MA 02642 |
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| Family Room | 0X0 |
| Kitchen Features | 0X0 |
| Dining Room | 0X0 |
| Bedroom | 0X0 |
| Bedroom 1 | 0X0 |
| Bedroom 2 | 0X0 |
| Bedroom 3 | 0X0 |
| Bedroom 4 | 0X0 |
Interior Information for 2705 State Highway Eastham, MA 02642 |
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| Basement | Interior Entry Full |
| Interior Features | Recessed Lighting |
| Appliances | Electric Water Heater Water Heater |
Exterior Information for 2705 State Highway Eastham, MA 02642 |
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| Lot Size | 0.70 acres |
| Lot Description | Conservation Area West of Route 6 |
| Construction | Shingle Siding |
| Garage | 2 Car Garage |
| Parking | Spaces: 14 Basement |
| Lot | Conservation Area West of Route 6 |
| Sewer | Innovative Alternative |
Neighborhood Information for 2705 State Highway Eastham, MA 02642 |
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Schools information for 2705 State Highway Eastham, MA 02642 |
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| Elementary | Nauset |
| Middle | Nauset |
| High | Nauset |
| General Area Public, Private School and College Information | |
Miscellaneous Information for 2705 State Highway Eastham, MA 02642 |
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| Year Built | 1973 |
| Distance to Beach | .5 - 1 |
| Association Fee | 0 |
| Taxes | $6,248 /Yr |
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| Condo | Data |
|---|---|
| Units | 7,094 |
| Avg Price | $994,523 |
| Avg Days Listed | 86 |
| Total New Listings | 4 |
| House | Data |
|---|---|
| Units | 12,272 |
| Avg Price | $1,296,830 |
| Avg Days Listed | 73 |
| Total New Listings | 13 |
| Multi-Family | Data |
|---|---|
| Units | 1,849 |
| Avg Price | $1,282,366 |
| Avg Days Listed | 99 |
| Total New Listings | 1 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
|---|---|---|---|---|
| 4900 State Highway Eastham, MA 02642 |
01/08/2025 | $499,000 | $495,000 | 99% |
| 410 Windjammer Lane Eastham, MA 02642 |
01/03/2025 | $899,000 | $900,000 | 100% |
| 752 State Highway Eastham, MA 02642 |
01/02/2025 | $575,000 | $575,000 | 100% |
| 85 Blue Heron Way Eastham, MA 02642 |
12/27/2024 | $929,000 | $900,000 | 97% |
| 371 & 381 Dyer Prince Road Eastham, MA 02642 |
12/20/2024 | $50,000 | $40,000 | 80% |
| 2 Jabez Way Eastham, MA 02642 |
12/18/2024 | $875,000 | $870,000 | 99% |
| 30 Captain Penniman Road Eastham, MA 02642 |
12/17/2024 | $799,000 | $799,000 | 100% |
| 1065 Governor Prence Road Eastham, MA 02642 |
12/16/2024 | $819,000 | $795,000 | 97% |
| 95 Bay Road Eastham, MA 02642 |
12/09/2024 | $1,600,000 | $1,530,000 | 96% |
| 525 Campground Road Eastham, MA 02642 |
12/04/2024 | $395,000 | $415,000 | 105% |
| 60 Pilgrims Path Eastham, MA 02642 |
12/03/2024 | $1,025,000 | $1,010,000 | 99% |
| 135 Eldredge Drive Eastham, MA 02642 |
12/03/2024 | $2,495,000 | $2,335,000 | 94% |
| 1955 Bridge Road Eastham, MA 02642 |
11/25/2024 | $1,195,000 | $1,100,000 | 92% |
| 150 Meadow Drive Eastham, MA 02642 |
11/22/2024 | $935,000 | $920,000 | 98% |
| 160 Salt Winds Drive Eastham, MA 02642 |
11/22/2024 | $749,000 | $737,000 | 98% |
| 40 Clipper Way Eastham, MA 02642 |
11/15/2024 | $1,195,000 | $1,150,000 | 96% |
| 30 Linda Lane Eastham, MA 02642 |
11/14/2024 | $725,000 | $684,000 | 94% |
| 15 Bishop Road Eastham, MA 02642 |
11/06/2024 | $834,900 | $875,000 | 105% |
| 240 Wamisco Road Eastham, MA 02642 |
11/06/2024 | $749,000 | $720,000 | 96% |
| 785 State Highway 5 Eastham, MA 02642 |
11/04/2024 | $295,000 | $285,000 | 97% |
| 785 State Highway 9 Eastham, MA 02642 |
11/01/2024 | $299,900 | $295,000 | 98% |
| 1080 Old Orchard Road Eastham, MA 02642 |
11/01/2024 | $219,000 | $219,000 | 100% |
| 2050 Bridge Road Eastham, MA 02642 |
10/24/2024 | $609,900 | $580,000 | 95% |
| 7 Arrowood Drive Eastham, MA 02642 |
10/22/2024 | $725,000 | $735,000 | 101% |
| 400 Brackett Road Eastham, MA 02642 |
10/18/2024 | $649,000 | $630,000 | 97% |
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| Listing: 1 of 1 | Updated 2 minutes ago |
Disclaimer: 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 Kinlin Grover Compass include the name of the listing broker. Neither the listing company nor Kinlin Grover Compass 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. Copyright 2025 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.
This site was last updated 05/18/2025. All properties are subject to prior sale, changes, or withdrawal.
Kinlin Grover Compass has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.
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