15 Vestal Street$1,795,000Town

Nantucket Real Estate

Price:
$1,795,000
Bedrooms:
2 beds
Bathrooms:
3 and 1 half
Lot:
0 sq ft
Year Built:
1955
Heating Yype:
Gas\FHA
Listed:
5 ago
Assessed Value:
$2,028,900
Property Code: #86679

15 Vestal Street, Nantucket, MA

Kings Cottage & Boat House are a hidden gem located on a quaint side street off of Main Street offering 2,200 sq ft of living area between the house & studio with a patio and outdoor wood burning fireplace nicely situated in between with outdoor shower off to the side. Additionally, a small yard is shaded by mature trees and is hidden from the street. Kings Cottage offers 3 floors of finished living area, and the Boat House is a charming studio with many possibilities. Consistent rental income at $100K+ per year. There is a wonderful opportunity to purchase a multi-generational compound with excellent opportunity to live in one, rent the other etc if you also purchase Unit 1 for a total price of $3,595,000. Unit 1 is also listed at $1,895,000. Sold fully furnished. Rentals have been booked for the 2020 season. Excellent investment opportunity. Off street parking.

First Floor: Gourmet kitchen with large center island with 6 burner gas stove and double oven, and eat-in dining area with door leading to rear of property. Living room opens to patio with outdoor fireplace and has cathedral beadboard ceiling, powder room and a wood burning fireplace. Laundry closet.

Second Floor: Large open master suite with walk-in closet and full bathroom with tub/shower.

Basement: The lower level has a bedroom, full bath (shower) and office space. Mini-splits A/C on first and second floor.

Parking: Yes

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