Property Description

39 Pearl Street in Hyannis, MA consists of five (5) duplex buildings constructed in 2021, comprising ten (10) townhouse-style 2-Bedroom/1.5-Bathroom units with 8,060 square feet of living area. Each unit features in-unit laundry, central air conditioning, and forced hot air heat fueled by gas. Utilities are separately metered, and the Property features owned solar panels. Situated on a 0.38-acre parcel with fourteen (14) off-street parking spaces, the Property currently benefits from an HDIP Tax Increment Exemption (TIE) Agreement with the Town of Barnstable, resulting in reduced real estate taxes. Ideally located in downtown Hyannis, the Property is within close proximity to Cape Cod Hospital, the Hyannis Transportation Center, ferry terminals, Route 28, Route 132, US Route 6, and Cape Cod Gateway Airport.