39 Pearl St - Apartments FOR SALE


Hyannis, MA 02601
$4,000,000 USD
781-776-4002
39 Pearl St, Hyannis, MA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/12
null | 6.49% Cap Rate

39 Pearl St
Hyannis, MA 02601


HIGHLIGHTS

  • ACCESS & CONNECTIVITY
  • AREA AMENITIES & DEMAND DRIVERS
  • DESIRABLE CAPE COD LOCATION
  • HDIP / TIE TAX INCENTIVE
  • STRONG RENTAL DEMOGRAPHICS & DEMAND
  • QUALITY OF LIFE AMENITIES

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 39 Pearl Street in Hyannis, MA (the “Property”). The Property is made up of five (5) duplex buildings containing a total of ten (10) 2-Bedroom/1.5-Bathroom units with 8,060 square feet of gross living area in 8,320 square feet of gross area. Each unit benefits from an in-unit washer and dryer, an added amenity for prospective tenants. The Property is situated upon a 0.38-acre parcel and features fourteen (14) off-street parking spaces. 39 Pearl Street is well-positioned in downtown Hyannis, offering strong access to the village’s commercial core, waterfront amenities, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Route 28 and Route 132, with close proximity to U.S. Route 6 (Mid-Cape Highway), providing efficient access throughout Cape Cod and to the greater Boston metropolitan area. Additionally, the property is located near the Hyannis Transportation Center, which offers regional bus service, seasonal rail connections, and ferry access to Nantucket and Martha’s Vineyard, further enhancing connectivity and accessibility within the region.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$481 USD /SF

# OF UNITS

10

PRICE/UNIT

$400,000

CAP RATE

6.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

39 Pearl Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

15,972 SF

ZONING

HVB;SF

APN/PARCEL ID

HYAN-000308-000000-000089

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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