2705 State Hwy

Eastham, MA 02642

$1,795,000
Price
8
Beds
4,503 Sq. Ft.
$399 / Sq. Ft.
4,503
Sq. Ft.
$399
per Sq. Ft.

Description

Rare opportunity to own an 8-unit, year-round multifamily complex in Eastham. This versatile property is ideal for condo conversion, short-term rentals, employee or corporate housing, continued year-round tenancy, or potential redevelopment. The property consists of six buildings—two duplexes and four standalone units—served by an I/A septic system rated for nine bedrooms. Seven of the eight units are currently occupied with tenants at will; the remaining unit will be delivered vacant, offering flexibility...Rare opportunity to own an 8-unit, year-round multifamily complex in Eastham. This versatile property is ideal for condo conversion, short-term rentals, employee or corporate housing, continued year-round tenancy, or potential redevelopment. The property consists of six buildings—two duplexes and four standalone units—served by an I/A septic system rated for nine bedrooms. Seven of the eight units are currently occupied with tenants at will; the remaining unit will be delivered vacant, offering flexibility for a new owner. Tenants pay for all utilities, except water. All units are separately metered for electricity, with a common panel for shared spaces. Each unit has it's own hot water heater. Units A & B are heated by separately metered natural gas. The remaining units are heated by electric baseboard heat. The lower level of A/B includes private storage cages for each unit, coin-operated laundry, and an owner's garage—ideal for material storage or possible income expansion. Recent updates have been made to Unit B and Unit 3/4. Strong rental history with significant upside. Asking price reflects a 6.7% cap rate on current rent roll and expenses. Call for more details.
  1. Listed by Mason Hickman • eXp Realty, LLC

Property Details for 2705 State Highway

Village
Eastham
School District
Nauset
Waterfront
No
Waterview
No
Num Parking Spaces
14.00
FEMA 100 Yr Flood Plain
X
Town
Eastham
LISTING UPDATED: 05/10/2025 01:30 PM

Property Details for 2705 State Highway

StatusActive
MLS #22501184
Days on Market51
Taxes$6,248 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built1973
Lot Size0.70 AC / 30,492 SF
CountyBarnstable County

Building Information for 2705 State Highway

Stories2Residences-Year Built1973Lot Size0.70 AC / 30,492 SF

Property Information for 2705 State Highway

Summary
Location and General Information
  • Directions to Property: Heading north on state highway, the property is on the left. 2 Driveways - use driveway labeled 2705 1-6.
  • Title Reference - Book: 35675
  • SqFt Source: Public Records
  • Convenient To:Conservation Area: Yes
  • Convenient To:Convenient to Water Body 1: Salt Pond
  • Convenient To:Convenient to Water Body 2: Nauset Bay
  • Convenient To:Convenient to Water Body 3: Great Pond
  • Location Description:West of Route 6: Yes
  • Region: Outer Cape
  • County: Barnstable
  • City Postal ID: 02642
  • Street Number: 2705
  • MLSAreaMajor: Eastham
Parking
  • Garage: Yes
  • Garage Description:Attached: Yes
  • Garage Spaces: 2.00
Taxes and HOA Information
  • Tax Year: 2025
  • Annual Assoc Fee: $0
  • Annual Taxes: $6,248
Virtual Tour
  • Virtual Tour YN: No
Property
Lot Information
  • Zoning: Residential
  • Tax ID: 15-5
  • Lot Size Source: Field Card
  • Land Use: 111 - Apartment, 4 To 8 units
  • Lot Size Square Feet: 30492
  • Sqft Total: 4503
  • Field Card SqFt: 716
  • Additional Finished Space: 3787
  • Lot Size Units: Acres
Property and Assessments
  • Total Assessment: $872,600
  • Land Assessments: $704,400
  • Building Assessments: $168,200
  • Other Assessments: $0
  • Year Renovated: 2025.0
  • Renovated: Yes
  • Flood Ins Required: No
  • Lead Base Paint: Unknown
  • Year Round: Yes
  • Landlord Pays:Hot Water: Yes
  • Year Built Desc:Unknown/Mixed: Yes
  • Property Type: Multi-Family
  • Property Subtypes: Multi Family
  • Year Built Numeric: 1973
  • Construction Materials: Shingle
  • Property Condition: Unknown/Mixed
  • New: No
  • Property Type: Multi-Family
Utilities
  • Cooling: Other
  • Fuel Type:Electric: Yes
  • Fuel Type:Natural Gas: Yes
  • Hot Water:Tank: Yes
  • Hot Water Source:Electric: Yes
  • Sewer:Innovative Alternative: Yes
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Private Yard
  • Miles to Beach: .5 - 1
  • Private Dock: No
  • Beach Ownership:Public: Yes
  • Private Dock Description: Electric
  • Roof Description: Asphalt
  • Siding Description:Shingle: Yes
  • Private Pool YN: No
  • General Property Info:Mi. to Beach Comments: 0.9 miles to Great pond beach; 2.2 to Nauset Beach
Interior Features
  • Basement Description:Full: Yes
  • Basement Description:Garage Access: Yes
  • Basement Description:Interior Access: Yes
  • Floors: Hardwood, Vinyl, Laminate, Tile, Carpet
  • Heating: Electric, Natural Gas
  • Interior Features: Recessed Lighting
  • Basement: Yes
  • Baths Per Level: Baths - Level 1: 9
  • Total Rooms: 22
  • Baths Total: 9
  • Baths Full: 8
  • Baths Half: 1
  • Bedrooms Total: 8
  • Total Floor Plans Count: 0
  • RoomsTotal: 22
  • Bathrooms Total (Decimal): 8.50
  • Bathrooms Total (Notational): 8.10
  • Cooling: Yes
  • Heating: Yes
  • Stories: 2
  • General Property Info:Stories: 2
Multi Family
Multi-Family Information
  • Number of Units: 0
Rental
Rental Information
  • Owner Pays: Hot Water

Property History for 2705 State Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2705 State Highway

Taxable ValueLand$163,300Additions$685,200Total$848,500
Tax Record2024$5,948 ($496 / month)
Home Facts
Baths1.5Total Finished SqFt1,520 SqFtAbove Grade Finished SqFt1,520 SqFtStories1Lot Size30,492 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated1976ZoningRESIDECountyBARNSTABLEAPNEAST M:0015 L:0005Fireplace TypeHas Fireplace

Schools near 2705 State Highway

This home is within Eastham School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Eastham Elementary School
PublicPK to 5

Nauset Regional Middle School
Public6 to 8

Nauset Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2705 State Highway is for sale in Eastham, MA 02642. This property was listed for sale on March 26, 2025 by eXp Realty, LLC, it's currently listed at $1,795,000. It has been on the market for a total of 51 days and was last sold on January 17, 2003. This listing's school districts are Eastham School District, Nauset School District. Nearby schools include Eastham Elementary School, Nauset Regional Middle School and Nauset Regional High School. 2705 State Highway is a 8-bed, 8.5-bath, 4,503 sqft built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC, Mason Hickman

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