2705 State Hwy Eastham, MA 2642
Estimated payment $9,278/month
Highlights
- Open Floorplan
- Deck
- Solid Surface Countertops
- Nauset Regional High School Rated A
- Wood Flooring
- 4-minute walk to Eastham Recreation Department
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,762
Year Built
- Built in 1973
Lot Details
- 0.7 Acre Lot
- Gentle Sloping Lot
Parking
- 2 Car Garage
- Common or Shared Parking
- Tandem Parking
- Stone Driveway
- Guest Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Home Design
- Manufactured Home on a slab
- Block Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,503 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Combination Dining and Living Room
- Home Office
- Storage
- Wood Flooring
Kitchen
- Range with Range Hood
- Microwave
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 9 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Balcony
- Deck
- Patio
Schools
- Nauset High School
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Private Sewer
- Internet Available
Listing and Financial Details
- Rent includes unit 1(water other (see remarks)), unit 2(water), unit 3(water)
- Assessor Parcel Number 155,2294002
Community Details
Overview
- 8 Units
- Near Conservation Area
Recreation
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $1,161
- Insurance Expense $5,154
- Water Sewer Expense $969
- Operating Expense $14,510
- Net Operating Income $55,690
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $1,650,000 | -- | $366 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73456609
APN: EAST M:0015 L:0005
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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