Price Reduced 8.00%

$3,450,000 ($819.87 per sqft)

Est. Mortgage $16,770/mo *

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Price History

$3,750,000
10/22/2024

$3,450,000
1/10/2025

261 Linnell Landing Road, Brewster, MA, 02631

261 Linnell Landing Road, Brewster, MA, 02631
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21 rooms

9 beds

6 Full baths

1913

Cape

4,208 sqft

What is your best investment advice? Invest in what you know... Invest in what you love... Invest in what you understand... invest for maximum return. Welcome to 261 Linnell Landing, a stunning Cape Cod Bay Front Investment Opportunity in Brewster! Nestled on the pristine sandy shores of Cape Cod Bay, this exclusive six-unit investment property offers a rare opportunity to meet multiple investment criteria. The returns are amazing and include the ability to park your assets on a fabulous private beach, checking on your investment every day at sunset and letting the ocean breezes wash your stress away. The potential for high returns with a strong cap rate is unmatched along this iconic coastline. Six separate, fully furnished and equipped units range from a cozy studio to a two-bedroom, all overlook Cape Cod Bay. Each condominium has gleaming wood floors, fully equipped kitchen, central air and gas heat. In addition, second floor units have balcony-decks overlooking the sandy beach below. First floor units have decks nestled into the dune with views of the ocean. This property has strong appeal for both short-term vacation rentals and long-term tenancies. Demand for rentals in this location are strong with an extended season. Units have separate deeds with all condo documents and association in place. Once you step foot on this property, it's hard to imagine wanting to leave. The combination of location and luxury create an unmatched ROL, return on living. Schedule a visit today and invest in your good health and well-being. Please verify all information.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Washer Hookup, Electric Dryer Hookup

Zoning:

Multiple Use

Garage:

Assigned

Heating:

Forced Air, Electric Stove

Cooling:

Central Air

Basement:

Full, Interior Entry

Levels:

2

Parking:

12-car

Common Charge:

$4,097 Monthly

Acreage:

2.86

Est. Taxes:

$26,373

Assessment

$4,710,900

HOA Fee

$4,097

Construction

Shingle Siding

Lot Description:

Bike Path, Major Highway, Cape Cod Rail Trail, Conservation Area, Level, Views, North of 6A

View Description:

Bay, Salt, Private, Beach Front

Waterfront:

Yes

School District:

Nauset

Days on Market:

80

Appliances:

Gas Water Heater, Tankless Water Heater, Dishwasher, Range Hood, Refrigerator, Electric Range

MLS #:

22405220

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Colleen A Riley, Sotheby's International Realty 508-367-3320