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Sale Price: |
$550,000 |
| Number of Units: |
9 |
| Building Size: |
3,282 SF |
| Price/Unit: |
$61,111.11 |
| Property Type: |
Multifamily |
| Property Sub-Type: |
Garden/Low Rise |
| Property Use Type: |
Investment |
| Cap Rate: |
2.50% |
| Lot Size: |
16,552 SF |
| Listing ID: |
MLS |
| Listing Broker: |
Steve Baty |
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PROPERTY DESCRIPTION
Successful downtown Hyannis guest house. Hyannis Village Business zoning
allows the imagination to run wild. Live on site and enjoy the income from
9 tenants. Convert the first floor to retail or art gallery and live on
the second floor while enjoying the income from units on the third floor.
Create an artist cooperative? Condo conversion? Large or extended family?
On town sewer with 15 parking spaces. Well maintained, onsite manager would
like to stay. Most units rented at $140.00 weekly. Financial and maintenance
records available to qualified buyer.
Conveniently located in historic downtown Hyannis walking distance to Main
Street, offering an array of shopping, dining, and entertainment. Also close
to schools, places of worship, and local hospital.
MAP OF 39 PEARL STREET #9, HYANNIS,
MA 02601
