69 Cato Lane$1,745,000South Of Town

Nantucket Real Estate

Price:
$1,745,000
Bedrooms:
5 beds
Bathrooms:
4 baths
Lot:
29,185 sq ft
Year Built:
1979
Heating Type:
Other
Listed:
166 ago
Assessed Value:
$1,217,900
Property Code: #87175

69 Cato Lane, Nantucket, MA

This is a must see property as words can not do this nearly 3/4 of an acre lot justice. The combined two dwellings with five bedrooms and four bathrooms offer ample living space. 1768sq/ft additional ground cover. Ample room for a pool and cabana. The property currently nets over 70k per year without renting the remodeled one bedroom apartment. Centrally located, close to bike path, shuttle service, and south shore beaches. This property presents an excellent investment opportunity: employee housing, seasonal or year round rental , or make this your own compound! 24 hours notice to show

First Floor: On the ground floor you have a 1 bedroom 1 bath updated apartment with nice leather furniture and stainless appliances. With a 440sq/ft garage for storage or workroom.

Second Floor: The upstairs apartment has ample space with a spare room that can be used for a living room or possibly another bedroom to make it a 3 bd/2ba apartment upstairs.

Basement: No

Second Dwelling: Built in 1979 this 2 bedroom 1 bath cottage. Updated kitchen with farmhouse sink and stainless steel appliances. Nice private back deck with an outdoor shower and ample yard space.

Parking: Yes

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