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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.
Listed by Dawn M Andalft-Newman of Property Cape Cod

More Info

Location Information

  • Directions Bearses Way to the traffic circle, continue straight to Bassett Ln, left onto North St, left onto Sea St Ext and right onto Nautical Way

Basic Information

  • Lot Features
    • House of Worship
    • In Town Location
    • Level
    • Major Highway
    • Marina
    • Medical Facility
    • Shopping
    • South of Route 28
  • Mls Area Major Hyannis Park
  • Owner Pays Sewer, Water
  • Parcel Number 307233
  • Road Frontage DescriptionPaved
  • Unit Number40-44

Tax Information

  • Tax Assessed Value $374,600
  • Tax Year 2024
  • Taxes$3,465

School Information

  • High School DistrictBarnstable

Parking

  • Open Parking YN Yes
  • Parking Features Stone/Gravel, Unpaved

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2
  • Laundry Features Washer Hook-up
  • Main Level Bathrooms 2

Basic Information

  • List Price$595,000
  • MLS Number22402668
  • Modification Date06/10/2024
  • Property SubTypeDuplex

Location

  • Address40 Nautical Road
  • Building Number40
  • CountyBarnstable
  • StateMA
  • StreetNautical Road
  • TownBarnstable
  • Zip02601

Building

  • BasementBulkhead Access, Interior Entry, Full
  • Building Area Units Square Feet
  • Construction Materials Shingle Siding
  • Entry Location Unit 1: Street Level, Unit 2: Street Level
  • FoundationPoured
  • Patio And Porch Features Deck
  • Property StyleRanch
  • Rooms8
  • Year Built1971

Property

  • Acreage0.19

Interior

  • Flooring Carpet, Vinyl, Vinyl Floor, Wall to Wall
  • Interior Features None, Dining Area

Exterior

  • RoofAsphalt

Utilities

  • Electric Electric Meter
  • Gas Gas Meter
  • Heating Forced Air, Furnace
  • Heating YN Yes
  • Sewer Septic Tank, Public Sewer
  • Water Source Public, Water Meter

Property Information

  • Living Area Units Square Feet
  • Lot Size Square Feet 8,276
  • Lot Size Units Acres
  • Property Condition Updated/Remodeled, Actual
  • Square Feet1,760

Amenities

  • Appliances IncludedGas Water Heater, Water Heater, Refrigerator, Dryer - Electric
  • Other AmenitiesBasement

Other

  • Date Listed06/06/2024
  • Nitrogen Sensitive AreaYes

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broker reciprocity The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than Ermine Lovell Real Estate, LLC are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor Ermine Lovell Real Estate, LLC shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

This site was last updated June 13, 2024 10:22 PM EDT. All properties are subject to prior sale, changes, or withdrawal.

Ermine Lovell Real Estate, LLC has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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