|
Cynthia Lane Savings
Island Properties $895,000
One of the lowest priced per-unit living spaces we have profiled in these pages in a number of years, 16 Cynthia Lane is a large, two-family dwelling in the island's mid-island district. It sits near the end of a quiet cul-de-sac, amid mixed-use buildings. The neighborhood, which is a year-round residential area, is within walking distance of the schools and is convenient to the mid-island shopping area as well. And perhaps the best thing about this property is that it is on Nantucket, an island that affords a wonderful and fulfilling lifestyle to all who reside here.
This two-unit property presents many possibilities to the prospective buyer or investor. The most obvious is for the purchaser to live in one unit and rent the other to help defray the mortgage cost. Another option is to convert the units to condos. In addition, this two-family dwelling would make excellent employee housing for any island business that wishes to invest in the opportunity to retain a long-term resident workforce. Or, as one of the lowest-priced properties on the island, it may just be a good investment. In short, you aren't likely to find a more versatile property at such a great value anywhere on Nantucket at this time.
Both units of this two-family house are essentially identical. (The only difference is that the unit on the right features a stacked washer and dryer and the one on the left offers side-by-side models). The units share a large, gravel parking area in the front and to the side of the home and the front entryway, as well as a good-sized, brick patio in the rear.
Upon entering one of the units, one first encounters the very large and airy living area. The floors are of light maple hardwood. The trim, window casings and baseboards are stained natural wood. The walls are painted bright white.
The living room, dining room and kitchen flow one into the other, making it an excellent, functional space for enjoying family and friends. (There's also a full bath on the first floor, for added convenience.) The dining area features a Tiffany-style hanging pendant light fixture and is large enough to accommodate a table and ten chairs.
The kitchen is an efficient galley layout with nearly new appliances, including an oversized refrigerator, a dishwasher, a cabinet-mounted microwave and a four-burner gas stove. The oak-finished cabinets are ample and the speckled, laminated countertop allows for easy clean-ups.
From the dining area a pair of sliding glass doors leads to the patio in back. There's plenty of room out here for grilling and outdoor entertaining.
On the lower level one finds even more living space. There are two finished rooms and a full bath. With good natural light from one of the two side window wells, the front room would make an excellent home office or exercise room. The second room is much larger and could serve as an excellent family room To the side are large linen shelves and the washer/dryer area, as well as a door to the back patio, reached via a set of outside stairs.
The second floor features three good sized bedrooms, each with its own closet and plenty of light. These three rooms share a full bath with a shower-and-tub combination.
This two-unit property, each featuring three bedrooms and three full bathrooms, in a mature neighborhood that is convenient to schools and shopping, is offered at $895,000. I
|
|
)
)
)
)
)