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53 School St 4 Unit Apartment Building Offered at $1,534,610 CAD Hyannis, MA 02601

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Executive Summary

Nestled just south of Main Street--2 charming multi-family properties available for the 1st time in over 20 years! Conveniently side by side, they can be sold separately ($1.1mm each) or together ($2.2mm). 53 School St offers 3 apartments in front with a cottage in the back, 5 BRs total on .57 acres. (37 School St MLS #73559171 has 5 units, list price $1.1mm) Both are well-maintained with low maintenance aluminum siding on front buildings. Each unit enjoys its own unique design and Victorian charm. In #53, features in some units include lovely wood floors, crown molding, built-ins, washer-dryer hookups, a slider, spacious living rooms, plus a cozy 3 season sunroom and walk-up attic storage in Unit 3. Some windows have been replaced, and 1 bathroom was just spectacularly renovated with a tiled walk-in shower! Mechanicals are in great shape including a new gas boiler and gas water heater! Private back yard and lots of off-street parking. Lot goes way beyond the cottage. All units are fully leased (tenancy at will) to responsible tenants! One block from CC hospital, 2/10ths of a mile to Hyannis Harbor and the Transportation Center, in the heart of the Hyannis renaissance! See video! Buyers/agents to confirm details.

Property Facts

Price	$1,534,610 CAD	Building Size	2,684 SF
Price Per Unit	$383,652 CAD	No. Stories	2
Sale Type	Investment	Year Built	1840
No. Units	4	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Multifamily

Price	$1,534,610 CAD
Price Per Unit	$383,652 CAD
Sale Type	Investment
No. Units	4
Property Type	Multifamily
Building Size	2,684 SF
No. Stories	2
Year Built	1840
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.