1547 Main Street

Description

Conveniently positioned along Main Street in Chatham, this fully renovated housing complex offers a rare and compelling investment opportunity in one of the Cape's most supply-constrained markets. Ideally suited for workforce, employee, or long-term housing, the property is approved by the town for 33 beds and features 12 total units, each designed for comfort, privacy, and efficiency. The property includes 10 individual room units, each with a bath, small kitchenette, and heating and cooling; a main house with four bedrooms, three bathrooms, and a full kitchen; and an attached two-bedroom apartment with its own kitchen and bath. Connected to the town sewer and located on the Route 28 bus line, the property offers accessibility for tenants and employers. Extensively renovated in 2026, improvements include flooring, plumbing, electrical, siding, paint, roof, landscaping, and a shared laundry room with three new coin-operated washer and dryer sets. With several leases in place, the asset offers immediate income. Turnkey, low-maintenance, and positioned in a market with persistent housing demand, this is a rare opportunity to acquire a high-performing investment property Chatham.