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About the Listing AN8421 - CN237763
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.
Listing Highlights
Status
Pending
Days on Site
87
Property Type
Multi-Family
MLS ®
73456609
Year Built
1973
Total Square Footage
4,503
Lot/Acreage
0.7
Interior Details
- Bedrooms: 9
- Bathrooms: 8 Full / 1 Half
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
- Air Cond: Window Unit(s)
- Heating: Baseboard,Natural Gas,Electric
- Fireplaces: 0
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Storage,Upgraded Cabinets,Upgraded Countertops,Open Floorplan,Remodeled,Stone/Granite/Solid Counters,Internet Available - Unknown,Living Room,Kitchen,Office/Den,Living RM/Dining RM Combo
- Water: Public
Exterior Details
- Lot Description: Gentle Sloping,Lake/Pond,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)
- Garage Capacity: 2 car
- Parking Spaces: 24
- Zoning: Res
- Roof: Shingle
- Others: Balcony/Deck,Varies per Unit
- Sewer: Private Sewer,Other
- Parking Features: Paved Drive,Off Street,Tandem,Assigned,Common,Guest,Driveway,Stone/Gravel,Paved,Parking Spaces: 24
Financial Details
- Tax Amount: $6,762
- Taxes w/Assessments: $87,700
- Tax/Property ID: 155,2294002
- Tax Year: 2026
Payment Calculator
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Questions About..
2705 State Hwy Eastham, MA 02642
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