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  • $540,000

    40 Nautical Road UNIT 40-44, Hyannis, MA 02601

    4beds
    1,760sqft
    Duplex
    Built in 1971
    -- sqft lot
    $583,000 Zestimate®
    $307/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: September 24, 2024 at 08:08pm

    Listed by:

    Dawn M Andalft-Newman 508-942-8236,

    Property Cape Cod

    Bought with:

    Marcia Prette, 9567315

    Keller Williams Realty

    Source: CCIMLS,MLS#: 22402668MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Heating
    • Forced Air, Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Water Heater, Refrigerator, Dryer - Electric
    • Laundry: Washer Hook-up
    Features
    • None, Dining Area
    • Flooring: Vinyl, Carpet, Wall to Wall
    • Basement: Bulkhead Access,Interior Entry,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,760
    • Total interior livable area: 1,760 sqft

    Property

    Parking
    • Parking features: Unpaved, Stone/Gravel
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Entry location: Unit 1: Street Level,Unit 2: Street Level
    • Patio & porch: Deck
    Lot
    • Size: 8,276 sqft
    • Features: In Town Location, Medical Facility, Major Highway, House of Worship, Shopping, Marina, Level, South of Route 28
    Details
    • Parcel number: 307233
    • Zoning: RB
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Duplex
    Materials
    • Shingle Siding
    • Foundation: Poured
    • Roof: Asphalt
    Condition
    • Updated/Remodeled, Actual
    • New construction: No
    • Year built: 1971
    • Major remodel year: 2021

    Utilities & green energy

    • Electric: Electric Meter
    • Gas: Gas Meter
    • Sewer: Septic Tank, Public Sewer
    • Water: Public, Water Meter

    Community & neighborhood

    Location
    • Region: Hyannis

    HOA & financial

    Other financial information
    • Total actual rent: 3000

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Paved
    Services availability
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