88, 86A, & 86B MA-6A - Apartments FOR SALE


Orleans, MA 02653
$2,150,000 USD
508-726-3304
88, 86A, & 86B MA-6A, Orleans, MA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

88, 86A, & 86B MA-6A
Orleans, MA 02653


HIGHLIGHTS

  • Liberal Village Center Zoning Allows Expansion with Town Approval
  • Central In-Town Location

OVERVIEW

Selling as one unit: 3 parcels of improved land in the center of Orleans, Village Center District. The property consists of #88: a 2-bedroom one bath 1,400 square foot single family home with a detached two car garage with unfinished space above, and a 520 square foot foundation with no building added. #86A: a 1,494 square foot building with 3 one-bedroom rental units, and #86B: a 949 square foot mixed-use two-story building with office space on the 1st floor and a studio apartment upstairs, along with an unfinished 342 square foot 1st floor space. There is also a detached garage/barn in the back of this lot. Nestled between Route 6A and the Cape Cod Rail Trail, this is a central location for all that Orleans offers. Excellent investment property. The liberal zoning in Village Center allows for many ways to expand the use here, with town approval.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$514 USD /SF

# OF UNITS

6

PRICE/UNIT

$358,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

88, 86A & 86B MA-6A, Orleans, MA 02653

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

VC

APN/PARCEL ID

ORLE-000260-000016,ORLE-000260-000018,ORLE-000260-000019

ASK ABOUT THIS PROPERTY

Wendy BeaulieuWilliam Raveis Real EstateMore Info
508-726-3304

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

Wendy BeaulieuWilliam Raveis Real EstateMore Info
508-726-3304

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