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This duplex investment income-generating opportunity is ideally situated within walking distance of Keyes Memorial Beach and close to the vibrant hub of downtown Hyannis. This property offers close proximity to top local restaurants, shops, marinas, ferries, and the hospital, making it an attractive location for tenants. Unit 40 was extensively updated in 2020-21, featuring a new furnace, hot water tank, refreshed paint, selective window replacements, and modernized kitchen and bathroom. Unit 44 (not pictured here) benefits from new windows and a renovated bathroom. Unit 44 offers a unique opportunity for further renovations to enhance value. Both units are currently occupied by tenants-at-will, (who would both like to stay), each contributing $1,500/month plus utilities, ensuring a steady income stream from day one. The property owner covers water and sewer expenses. Note: the buyer will need to connect to the municipal sewer system as mandated by the Board of Health. The seller has made initial payments towards this betterment, with the buyer responsible for continuing payments post-closure. Exact costs will be finalized before closing. Septic inspection will done soon.

Property Details of 40 Nautical Road, Unit 40-44

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Listed by Dawn M Andalft-Newman of Property Cape Cod

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This site was last updated June 24, 2024 5:51 AM EDT. All properties are subject to prior sale, changes, or withdrawal.

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