Kriss Stevens & Scott Manley - CENTURY 21 Cobb Real Estate

22 Pine Grove Ln, Nantucket, MA 02554

Multi-Family

$1,400,000
Price

3
Units
2,298
Approx. GLA
This legal 3 family residence is a true treasure. The options are endless with this versatile property: do you have employees that need housing? Would you like to live in one apartment and rent out the other two? Do you have family members that you want to be close but not too close? All three apartments have washer/dryer hook-up and separate entrances. Two of the apartments have 2 bedrooms, one apartment has 1 bedroom. Discover your dream to live on the island with options galore.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full, Finished, Walk Out
List Price: $1,400,000
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Active
Beds: 5
Baths: 3
Units: 3
Year Built: 1986
Approx. GLA: 2,298
MLS#: 72135530
Interior
Basement: Yes
Electricity Cost: $2,400
Heating Zones: 3
Flooring: Wood, Tile, Laminate
Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
Hot Water: Electric
Rooms: 8
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.23
Lot Size: 10,003.00
Lot Description: Corner, Wooded, Fenced/Enclosed, Gentle Slope
Foundation: Concrete Block
Foundation Size: 34x28
Parking Spaces: 6
Parking Features: Off-Street, Improved Driveway, Stone/Gravel, Paved Driveway
Road Type: Public
Color: grey
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Oven, for Electric Dryer
Exterior: Shingles, Wood
Exterior Features: Garden Area, Deck - Wood, Patio, Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $627,000
Taxes: $2,107
Tax Year: 2016
Book/Page: 0/0
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $69,600
Gross Expenses: $9,400
Total Rent: $6,050
Net Income: $69,600
Insurance Cost: $4,000
Management Cost: $600
Water Cost: $2,400
 
Additional
Amenities: Shopping, Stables, Bike Path, Highway Access
Disclosure Declaration: Yes
Disclosure: all apartments are leased until March/April 2018
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 2 0 1 1 0 Yes 1 $2,100
Unit 2 3 2 0 2 1 0 Yes 1 $2,100
Unit 3 2 1 0 3 1 0 Yes 1 $1,850
Units Extras
Unit 1
Cooling:  None  Applicances:  Dishwasher, Refrigerator, Washer / Dryer Combo  Heating:  Electric Baseboard  Interior:  Bathroom with Shower Stall, Walk-In Closet, Storage, Tile Floor  Rooms:  Kitchen, Living RM/Dining RM Combo 
Unit 2
Cooling:  None  Applicances:  Dishwasher, Refrigerator, Washer / Dryer Combo  Heating:  Electric Baseboard  Interior:  Bathroom With Tub, High Speed Internet Hookup, Other (See Remarks), Balcony/Deck  Rooms:  Living Room, Kitchen 
Unit 3
Cooling:  None  Applicances:  Dishwasher, Countertop Range, Refrigerator  Heating:  Electric Baseboard  Interior:  Bathroom With Tub & Shower, Open Floor Plan, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Ceiling Fans, Cathedral/Vaulted Ceilings, Balcony/Deck  Rooms:  Living Room, Kitchen 
Map
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The listing office is Century 21 Cobb Real Estate and the listing agent is Robin Williams. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/18/2017 2:05:00 PM.
 
Kriss Stevens & Scott Manley
Kriss Stevens & Scott Manley
Cape Cod
CENTURY 21 Cobb Real Estate