183 Captain Chase Road, Dennis, (Dennis Port), MA, 02639
1955
3,586 sqft
Near Beach. Motel in Dennis Port being offered for sale. Always desirable rental area and walk to the beach. 9 units - Motel has 6 fully renovated studio apartments, managers residence, motel office, room dedicated to laundry and trash, detached duplex with 2 one bedroom units. The duplex was purchased and added to the motel. The entirety is owned by a single entity as a condo. Condo docs and ownership structures to be divided by each unit are in place and recorded with the Registry. Condominium conversion offers buyers the potential to sell units individually. Run your own motel, sell individual units hold over 50% ownership, run the HOA, sell all the units and continue to run the property management. Make it a lifestyle or restructure the assets to produce equity. Make your money now or make your money with this property forever. It's someone else's turn.
Status:
Active
Town:
Dennis
Type:
Commercial
Units:
9
Zoning:
RES
Cooling:
Central Air
Basement:
Bulkhead Access, Partial, Cape Cod, Crawl Space
Levels:
1
Acreage:
0.38
Est. Taxes:
$7,353
Assessment
$1,713,500
Current Use
Hotel/Motel
Permitted Use
Hotel/Motel
Construction
Shingle Siding, Plaster, Sheet Rock
Lot Description:
South of Route 28
School District:
Dennis-Yarmouth
Appliances:
Electric Water Heater, Gas Water Heater
MLS #:
22600306
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Jessalyn V Peters, Property Partners Real Estate, LLC 508-292-4290