30 Colony Rd ~ Walk to Pond, Eastham
One of the most cost effective ways of owning a home - whether a first-time home buyer or an investor - is to purchase a property that generates a steady flow of income. Carrying a mortgage can be burdensome, but this updated, well maintained 4BR/2BA duplex makes home ownership more attainable than you might think. One side of the property has an established, long term tenant renting at $975/month. That monthly income is your windfall, as well as your means, to reduce your monthly mortgage payment. You then have the option of either using the other half yourself or finding another tenant to further diminish your carrying costs. And there are other reasons to be excited: 30 Colony Rd is a mere 900 feet to Great Pond and also abuts the Cape Cod Rail Trail - two of the most desirable amenities in the area. Depot Pond can even be seen seasonally in glimpses through the pines. From this very private, central location you can walk to Eastham’s new Library, The Superette and historic Windmill Park. Each unit has 2BR’s/1BA with hardwood floors, a kitchen and living/dining room, as well as separate gas furnaces and hot water tanks. A laundry room acts as a divider between the units. An overhead door reveals a large garage under with a workbench and plenty of space for storage, or use your imagination to find its highest and best purpose. A Title 5 septic exists on site. Recently landscaped, this property invites you to explore the possibilities.
SOLD - Priced at $399,000