Skip To Content

    148 Cedar Street

    Hyannis, MA 02601
    • $1,350,000
    • STATUS: Pending
    • ON SITE: 19 days
    • MLS #: 22102031
    Pending
    UPDATED: 28 min ago
    $1,350,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,821
      SQFT
    • $280
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    This is a rare opportunity in a well traveled, year round village with 3 buildings situated on .5 acres located near Cape Cod Hospital, The Cape Cod Mall, The Hyannis Airport and downtown Main Street that is full of tourist attractions, historic landmarks, harbor front activities, waterfront restaurants and public beaches.The 3 buildings include a 3 bed/1 bath ranch (1,049 s.f.), a 2 bed/1bath cottage, and a 2 story 4 unit multi-family apartment (3,024 s.f.). The 6 units are fully occupied with an annual lease, a strong long term tenant, that renews yearly, and has been in place with the property for 20+ years. Owner receives 2 rent checks a month as the Tenant on the lease collects, and is responsible for, all the rental units. Very passive income. Income and expense numbers provided with a confidentiality agreement. Please don't drive into the complex without an appointment. Town Sewer, natural gas heat, and many updates to the buildings over the years.

    Monthly Payment Calculator



    © 2021 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rand Atlantic Cape Cod Realty. Data last updated: 2021-05-12T15:26:07.097.
    www.randatlantic.com/homes/116356794
    Print Image

    148 Cedar Street Hyannis, MA 02601

    • Price: $1,350,000
    • Status: Pending
    • Updated: 28 min ago
    • MLS #: 22102031
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    4,821
    SQFT
    $280
    $/SQFT
    1950
    Built
    Neighborhood:
    Barnstable
    County:
    Barnstable
    Area:
    Barnstable
    School District:
    Barnstable
    Property Description
    This is a rare opportunity in a well traveled, year round village with 3 buildings situated on .5 acres located near Cape Cod Hospital, The Cape Cod Mall, The Hyannis Airport and downtown Main Street that is full of tourist attractions, historic landmarks, harbor front activities, waterfront restaurants and public beaches.The 3 buildings include a 3 bed/1 bath ranch (1,049 s.f.), a 2 bed/1bath cottage, and a 2 story 4 unit multi-family apartment (3,024 s.f.). The 6 units are fully occupied with an annual lease, a strong long term tenant, that renews yearly, and has been in place with the property for 20+ years. Owner receives 2 rent checks a month as the Tenant on the lease collects, and is responsible for, all the rental units. Very passive income. Income and expense numbers provided with a confidentiality agreement. Please don't drive into the complex without an appointment. Town Sewer, natural gas heat, and many updates to the buildings over the years.
    Exterior Features

    Beach Description HarborNantucket SoundOcean Construction Concrete BlockPour ConcreteWood Frame Exterior Features FencedYard Foundation BlockPoured Parking Description Assigned SpacesCommon LotImproved DrivewayOff-StreetPaved DrivewayPaved Lot Roof Description Asphalt Siding Description ClapboardShingle Topography ClearedIrregularLevel Underground Fuel Tank Unknown Water View No Waterfront No

    Interior Features

    Basement Description Bulkhead AccessFullInterior Access Baths Full - AllIndividualShared Cooling None Floors HardwoodTileVinyl Furnished None Heating Forced Hot AirForced Hot Water Hot Water Tank Hot Water Source Natural Gas Kitchen Electric StoveKitchen SinkRefrigerator Laundry IndividualStack Washer/DryerUtility Room Walls Sheet Rock

    Property Features

    Annual Taxes 8270.00 Asbestos Unknown Association No Beach Ownership Public Business With Real Estate No Commercial Units No Condo No Convenient To House Of WorshipIn Town LocationMajor HighwayMarinaMedical FacilityShopping Elevation Certificate No Flood Insurance Required No Fuel Type Natural Gas Gas On Site Improvement Assessments 476300.00 Industrial Units No Lead Paint Unknown Location Description South Of Route 28 Lot Size Source Field Card Miscellaneous Deck - SomeInsulated Doors - AllInsulated Windows - All Other Assessments 54300.00 Primary Sub Type Income/Multi-Family Residential Units Yes Seasonal Year Round Sewer Public Sewer Special List Conditions None Sq Ft Source Field Card Tax Year 2021 Tenant Pays Trash Collection Total Assessment 678800.00 Total Commercial Units 0 Total Residential Units 6 Utilities CableElectricityGas Water Town Water Zoning Gm

    Listing information © 2021 Cape Cod & Islands Multiple Listing Service, Inc.
    Listing provided courtesy of Laurie C Bailey Gates of Coldwell Banker Realty.


    © 2021 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rand Atlantic Cape Cod Realty. Data last updated: 2021-05-12T15:26:07.097.
     
    https://bt-photos.global.ssl.fastly.net/capecod/orig_boomver_1_22102031-2.jpg https://bt-photos.global.ssl.fastly.net/capecod/orig_boomver_1_22102031-2.jpg
    Logo
    Rand Atlantic Cape Cod Realty
    229 Old Main Road
    North Falmouth MA, 02556