7 Pine Grove Road$1,895,000Mid Island

Nantucket Real Estate

Price:
$1,895,000
Bedrooms:
6 beds
Bathrooms:
3 baths
Lot:
10,018 sq ft
Year Built:
1970
Heating Type:
Other
Listed:
56 ago
Assessed Value:
$976,800
Property Code: #87215

7 Pine Grove Road, Nantucket, MA

Rare opportunity to own a true tertiary property - Main house and two apartments! Incredible income potential of over $100,000 annually. Live in the main house and rent out the others or vice versa! The main house has three bedrooms and one bath. Re-open the permit to convert the garage and easily add a fourth bedroom and a second bath. The main house, a traditional ranch, is currently rented on a month to month basis with stable tenants. The accessory dwelling has a one bedroom apartment on the first floor and a two bedroom apartment on the second floor. The large back yard is private and has unlimited potential. Ample parking for all!

First Floor: SECOND DWELLING, FIRST FLOOR: recently remodeled one bedroom apartment with kitchen, living room and bedroom. Bathroom has washer and dryer. Currently occupied by the homeowner. Mini-split for heating and cooling.

Second Floor: THIRD DWELLING, SECOND FLOOR: remodeled two bedroom apartment with living room, kitchen and bath. Exceptional use of space. This unit also has a stackable washer and dryer and sizable deck off of the back of the unit. Mine-split for heating and cooling.

Second Dwelling: First Floor and Second Floor Separate Apartments

Parking: Off street for 5 vehicles

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