Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

2705 State Highway

Eastham, MA ID #73350363

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2705 State Highway

- Eastham, MA ID #73350363

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 02642
  • Taxes: 6,248
  • Levels: 2
  • Acres: 0.70

Parking

  • Garage: 2
  • Garage Capacity: 2
  • Parking: Paved Drive, Off Street, Tandem, Assigned, Driveway, Stone/Gravel, Paved
  • Parking Spaces: 22

Rooms/Dimensions

  • Total Units: 8
  • Total Floors: 2
  • Total Rooms: 22

Location

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Mason Hickman of eXp Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.