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LeeAnn Cerretani

leeannc@jackconway.com +1(508) 954-2621

$159,900

Est. payment - /mo

1 Bed

1 Bath

310 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 310 sqft

Price per Sqft $515

MLS Listing ID 22604266

Bedrooms 1

Full Baths 1

HOA Y/N Yes

Abv Grd Liv Area 310

Year Built 1959

Annual Tax Amount $836

Tax Year 2026

Property Sub-Type Condominium

Source Cape Cod & Islands API

Property Description

This is not your typical condo. Located directly on Town Cove, this individually owned unit at The Cove offers a truly hands-off Cape Cod investment. The property is professionally operated motel-style by full-time staff, meaning no bookings to manage, tenants to deal with, maintenance calls or late-night issues. Owners receive their share of proceeds via monthly direct deposit based on The Cove's established percentage schedule. This unit generated approximately $10,600 in owner income last year after The Cove's percentage was deducted. The owner's only regular out-of-pocket property expense is quarterly taxes. Utilities, maintenance, housekeeping and operating expenses are handled through the property's percentage structure. The unit operates year-round, is waterfront on beautiful Town Cove and allows owners up to 14 days of personal use per year, subject to housekeeping expenses and property rules. A unique opportunity to own waterfront Orleans real estate without the responsibilities of managing a rental. No booking calendars. No upset tenants. No 2 AM calls. Just collect your proceeds.

Location

State MA

County Barnstable

Area Orleans

Body of Water Town Cove, Salt

Rooms

Other Rooms Gazebo

Interior

Heating Electric

Flooring Laminate, Tile

Fireplaces Number 1

Appliance Microwave, Refrigerator, Electric, Water Heater

Exterior

Waterfront Description Waterview,Waterfront,Other

View Y/N No

Garage No

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

HOA Fee Include Cable TV,Pool,Insurance,Maintenance Grounds,Professional Property Management,Reserve Funds,Heat,Water

Tax ID ORLE M:26 B: L:64-41C

Ownership Condo

Special Listing Condition None

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LeeAnn Cerretani

+1(508) 954-2621

Realtor

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13 S Orleans Road #41 Orleans, MA 02653

LeeAnn Cerretani

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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