This property has had a price reduction from $2,750,000 to $2,499,000
Town – 10 Gay Street $2,499,000
ID: 78320 Owner: Sherburne Investments Available
Property Type:Single Family Total Rooms:16 Total Bedrooms:9 Total Bathrooms:9 full, 1 half Water Frontage:None Water Views:None Second Dwelling:None Zoning:ROH/SOH
Lot Size:4,487 sq. feet Total Sq. Feet (GLA):4,212 sq. feet Year Built:1833 Water / Sewer:Town / Town 2014 Assessment:$ 1,748,400 Land Assessment:$ 345,000 Build Assessment:$ 1,403,400 Estimated Taxes:$ 9,667
The Sherburne Inn represents a most attractive opportunity for the investor, as well as for the end-user. The investor will find an established, well-run, profitable, turn-key hostelry; something very difficult to find here on the island. The end-user will see the potential for conversion to a comfortable and stylish single family home. The location is optimal: steps from all that Nantucket Town has to offer, on a quiet, one way street. PROPERTY MAY BE DIVIDED IN TWO PER CH. 41 SEC. 81L OF MASS. GEN. LAWS. Listing Office: Great Point Properties