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 cash flow. Mortgages can be burdensome, but this updated 4BR/2BA duplex makes ownership more attainable than you might think. An established, long term tenant rents one side at $975/month. That monthly income is your windfall, and your means, to reduce your mortgage payments. You then have the option of either using the other side or finding another tenant to further reduce your costs. There's other reasons to be excited: 30 Colony Rd is a mere 900 ft to Great Pond and also abuts the Bike Trail. Depot Pond can even be seen seasonally in glimpses through the pines. Walk to Eastham's new Library, The Superette and historic Windmill Park. Each unit has 2BR's/1BA w/hardwood floors, kitchen, living/dining room, and separate furnaces. A laundry room divides the units. Garage under for storage or find its highest and best purpose. A must see!!
CondoProperty Type
1971Year Built
$715Est. Price/Sq.Ft.
1 car garageParking
Listed by Doug Macomber• Meadow Marsh Inc
Bought with Sherry Lombard• New Homes Marketing, Inc.
Source:CCIMLS #21606185
Redfin Estimate
$640,800
$361K since sold in December 2018$35K since July
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This home's estimate is 72.9% higher than the average sale price ($371K) of 6 comparable homes.