Unique income producing opportunity from this one-of-a-kind compound consisting of three separate duplexes with a total of six units (all duplexes are currently rented) and a separate main house offering three bedrooms with 3,036 sq. ft. of living space. Each unit consists of a two bedroom and one full bath apartment with approximately 900 sq. ft. of living space and a full basement with interior access. The main house allows flexibility for personal use or to generate additional revenue. Located just .4 of a mile to Nantucket Sound beaches, these properties have Deeded rights to a sandy beach on Lewis Bay. Family owned for almost 60 years, all buildings have been well maintained and are ready for immediate monthly income. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Buyers are encouraged to do their own due diligence through independent verification.
This home has been viewed 25 times
Last Checked: May 7th, 2024 at 6:56am (Source: MLS PIN #73049446)
Gross Income: $55,200
Gross Expenses: $11,348
Net Income Calc: $43,852
CAP Rate: 1.69%
Beach Front
Annual Expenses for 75 Lewis Rd, Yarmouth MA 02673
Total Gross Expenses (Calculated)$11,348/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$11,348
Annual Income & Unit Breakdown for 75 Lewis Rd, Yarmouth MA 02673
Total Gross Income (Calculated)$55,200
Unit 1
Rental Income$1,150
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingNo
Rent Includes
General Information for 75 Lewis Rd, Yarmouth MA 02673
Listing ID73049446
Property TypeMulti Family / 5+ Family
Price$2,599,000 ($856.06/SqFt)
Style5-9 Family
CityYarmouth
CountyBarnstable
MLS AreaWest Yarmouth
Neighborhood(s)
Approximate Living Area Total3,036 SqFt
Approximate Lot Size (Acres)0.7 acres
Total Parking4
Garage Parking
Year Built1950
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Cleared
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesBay, Beach Front, 3/10 To 1/2 Mile To Beach, Beach Ownership(deeded Rights)
Energy Features
Terms
Disclosures for 75 Lewis Rd, Yarmouth MA 02673
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$69,000
Total Net Income By Broker$69,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2.5
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 75 Lewis Rd, Yarmouth MA 02673
Real Estate Taxes$11,348
Tax Year2022
Assessed Value$1,236,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$69,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$69,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.69%
Location Information for 75 Lewis Rd, Yarmouth MA 02673
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaWest Yarmouth
Area Amenities
Contact Information for 75 Lewis Rd, Yarmouth MA 02673
Agent
Name: Robert Kinlin
Office
Name: Berkshire Hathaway HomeServices Robert Paul Properties