This property is sold
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17 Mill Street Unit, Edgartown
Sold on
07/12/2022
for:
$765,000

EDGARTOWN VILLAGE - Enjoy it all – time on Martha’s Vineyard, the beaches, shops and restaurants in the historic heart of Edgartown Village, AND the option of rental income without the effort and expense of home ownership. Unit 19 is a unique, 1,173 s/f condo-hotel unit that lives like a Village apartment, privately sited in a brick house with a separate driveway and access to front and back yard spaces, plus a spacious open floorplan with high ceilings and wood floors in the large living room. Impeccably maintained with regular updates and renovations, A/C units in the two bedrooms and living room plus a tasteful beachy décor – sleeps eight as configured, offered fully furnished for a turnkey purchase. Edgartown Commons operates as a fully managed condo-hotel property, open May thru October, with on-site property manager, housekeeping, and maintenance, plus a reservations team and linen service for the hotel program. Voted “Best of the Vineyard” and a popular rental property with kitchenettes in each unit, outdoor swimming pool with large patio, a pool house with showers and laundry, BBQ/picnic areas, and playground. Owners are not required to participate in the hotel program. Approximately $20,000 net income reported in 2021 for this unit. Fully rented until September in 2022.

HIGHLIGHTS

Link ID 39661
Bedrooms 2
Baths 1
Half Baths 1
Rooms 3
Living Space 1173
Acreage 0.00
Condo

FEATURES AND AMENITIES

Link ID
39661
Price
$765,000
Baths
1
Half Baths
1
Rooms
3
Living Space
1173
Acreage
0.00
Zoning
R5
Water
Town
Sewer
Town
Heat
OFHA
Outdoor Spaces
Beach Access - Public
Community Pool
Patio
Covenants
Year Built
1950
Fireplaces
0
Flooring
Wood, Tile, Laminate
Listing Broker
Sandpiper Realty

17 Mill Street Unit, Edgartown

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Buyer note, 2% Land Bank fee.
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