191 Main St - Apartments FOR SALE


West Dennis, MA 02670
$1,750,000 USD
646-326-4580
191 Main St, West Dennis, MA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/10
null | 7.14% Cap Rate

191 Main St
West Dennis, MA 02670


HIGHLIGHTS

  • Rare Value Add Property in Cape Cod Massachusetts - Close to Barnstable Intl Airport.
  • Well Maintained 6 one BR Building and One Storage unit, oversized two car garage and a workshop.
  • Units Are Separately Metered.
  • Excellent Cash Flow In Place.
  • The Storage / Office Unit May Be Converted to a 1 BR Apartment.
  • Seller is willing to hold a mortgage for the balance over $1 M down payment at 7% rate Interest only for three years.

OVERVIEW

Marcus & Millichap is pleased to offer on exclusive basis the sale of 191 Main Street (MA-28) in West Dennis Massachusetts, this is a rare opportunity to own an excellent cash flowing property in the hot market of Cape Cod. The property consists of the total of 7 units, one large office / Storage which can be converted to a large 1 BR apartment, and 6 one BR apartments, and two Garages can be rented for extra income. The property is 5,900 SF and it is sitting on a 26,000 SF Lot . Close to Barnstable Intl Airport. Seller is willing to hold a mortgage for the balance over $1 M down payment at 7% rate Interest only for three years.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

7

PRICE/UNIT

$250,000

CAP RATE

7.14%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,000 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Waleed JalboukhMarcus & MillichapMore Info
646-326-4580

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Waleed JalboukhMarcus & MillichapMore Info
646-326-4580

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.