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.
Sold for $540,000 on 06/27/24
$540,000
40 Nautical Road #40-44, Hyannis, MA 02601
4beds
1,760sqft
Duplex
Built in 1971
-- sqft lot
$576,700 Zestimate®
$307/sqft
$2,956 Estimated rent
Home value
$576,700
$519,000 - $640,000
$2,956/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 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#: 22402668
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: Open
- 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
- 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: 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
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2024 | Sold | $540,000-9.2%$307/sqft |
Source:  CCIMLS #22402668 Report a problem | ||
| 6/10/2024 | Pending sale | $595,000$338/sqft |
Source: CCIMLS #22402668 Report a problem | ||
| 6/6/2024 | Listed for sale | $595,000$338/sqft |
Source: CCIMLS #22402668 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Hyannis
Nearby schools
GreatSchools rating
- 2/10Hyannis West Elementary SchoolGrades: K-3Distance: 1.5 mi
- 4/10Barnstable High SchoolGrades: 8-12Distance: 1.8 mi
- 5/10Barnstable Intermediate SchoolGrades: 6-7Distance: 1.9 mi
Schools provided by the listing agent
- District: Barnstable
Source: CCIMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$576,700
2% more+ $11,534
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$588,234