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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.
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Basic Information
- Contingency Financing
- Gross Income $168,600
- Lot Features Gentle Sloping
- Mls StatusSold
- Parcel Number 155,2294002
- Rent Includes Unit 1(Water, Other (See Remarks)), Unit 2(Water), Unit 3(Water)
Tax Information
- Tax Assessed Value $87,700
- Tax Year 2026
- Taxes$6,762
School Information
- High SchoolNauset Regional
- High School Nauset
Parking
- Covered Spaces 2
- Garage YN Yes
- Open Parking YN Yes
- Parking Features
- Assigned
- Common
- Driveway
- Guest
- Off Street
- Paved
- Paved Drive
- Stone/Gravel
- Tandem
- Parking Spaces24
Rooms
- Bathroom9
- Bathrooms Total Decimal 8.5
- Bedrooms9
- Full Bath8
- Half Baths1
Basic Information
- List Price$1,650,000
- MLS Number73456609
- Modification Date04/01/2026
- Property SubType5-9 Family
- Purchase Contract Date01/05/2026
- Sale Date04/01/2026
- Sale Price$1,550,000
Location
- Address2705 State Highway
- Building Number2705
- CountyBarnstable
- NeighborhoodEastham (village)
- StateMA
- StreetState Highway
- SubdivisionEastham (village)
- TownEastham
- Zip02642
Building
- BasementFull, Walk-Out Access, Interior Entry, Concrete
- Building Area Units Square Feet
- Construction Materials Frame
- FoundationConcrete Perimeter, Block, Slab
- Garage Spaces2
- Levels 3
- Patio And Porch Features Deck, Deck - Wood, Patio
- Rooms22
- Stories3
- Units8
- Utilities Varies Per Unit
- Year Built1973
- Year Built Details Unknown/Mixed
- Year Built Source Public Records
Property
- Acreage0.7
- Frontage Length 250
Interior
- Flooring Hardwood
- Interior Features
- Internet Available - Unknown
- Kitchen
- Living RM/Dining RM Combo
- Living Room
- Office/Den
- Open Floorplan
- Remodeled
- Stone/Granite/Solid Counters
- Storage
- Upgraded Cabinets
- Upgraded Countertops
Exterior
- Exterior Features Balcony/Deck, Varies per Unit
- RoofShingle
Utilities
- Cooling Window Unit(s)
- Cooling YN Yes
- Electric Circuit Breakers
- Electric Expense 1161
- Heat SystemYes
- Heating Baseboard, Natural Gas, Electric
- Sewer Private Sewer, Other
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 4,503
- Lot Size Square Feet 30,492
- Lot Size Units Acres
- Square Feet4,503
Amenities
- AmenitiesWalk/Jog Trails, Bike Path, Conservation Area, Highway Access
- Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
- Other AmenitiesBasement, Lakefront
Water Body
- Miles to Beach1
- Waterfront Features Lake/Pond, Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Public)
Legal
- ZoningRes
Other
- Date Listed11/20/2025
- Farm Land Area Units Square Feet
- View Count34
Map Location
Listed by Mason Hickman of eXp Realty
Listing Sold by eXp Realty
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