148 Cedar St, Barnstable, MA 02601

This is a rare opportunity in a well traveled, year round village with 3 buildings situated on .5 acres located near Cape Cod Hospital, The Cape Cod Mall, The Hyannis Airport and downtown Main Street that is full of tourist attractions, historic landmarks, harbor front activities, waterfront restaurants and public beaches.The 3 buildings include a 3 bed/1 bath ranch (1,049 s.f.), a 2 bed/1bath cottage, and a 2 story 4 unit multi-family apartment (3,024 s.f.). The 6 units are fully occupied with an annual lease, a strong long term tenant, that renews yearly, and has been in place with the property for 20+ years. Owner receives 2 rent checks a month as the Tenant on the lease collects, and is responsible for, all the rental units. Very passive income. Income and expense numbers provided with a confidentiality agreement. Please don't drive into the complex without an appointment. Town Sewer, natural gas heat, and many updates to the buildings over the years.