2705 State Highway
Eastham, MA, 02642
$1,950,000
8 Beds
8.5 Baths
4,503 SqFt
0.7 Acres
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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. 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.

Property Details

Price:
$1,950,000
MLS #:
22501184
Status:
Active
Beds:
8
Baths:
8.5
Address:
2705 State Highway
Type:
Multi Family
City:
Eastham
Listed Date:
Mar 26, 2025
State:
MA
Finished Sq Ft:
4,503
Total Sq Ft:
4,503
ZIP:
02642
Lot Size:
30,492 sqft / 0.70 acres (approx)
Year Built:
1973
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Schools

School District:
Nauset

Interior

Appliances
Electric Water Heater, Water Heater
Bathrooms
8 Full Bathrooms, 1 Half Bathroom
Cooling
Other
Flooring
Hardwood, Carpet, Tile, Laminate, Vinyl

Exterior

Architectural Style
Ranch
Construction Materials
Shingle Siding
Exterior Features
Yard
Parking Features
Basement, Assigned, Stone/ Gravel, Paved, Off Street
Parking Spots
14
Roof
Asphalt

Financial

Tax Year
2025
Taxes
$6,248

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Community

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2705 State Highway
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