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25 Oak Avenue, Oak Bluffs, MA 02557

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For Sale

$699,000

2 beds • 1 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Over 50 Years Old
    Age

Explore this Property

WALK TO THE HARBOR from this level 10,100 sq.ft. quarter acre lot set down a winding avenue off New York Avenue. $20,000 Credit towards repairs, removal of the house or closing costs. Currently there's a very cute Victorian Era two story cottage which could be renovated. Alternatively, you have the choice to add on to the exiting building or build a new FIVE (5) BEDROOM home - Possibly more than FIVE (5) bedrooms as it s not in a Board of Health area of concern - Consult your engineer - the Seller has already been through a lengthy process with the Martha's Vineyard Commission to receive approvals to remove the house and has succeeded in obtaining said approval. According to the engineer who percolated the lot, the lot will allow a FIVE (5) BEDROOM regular septic system. The property has been surveyed and bounded, as well as perc tested! The Board of Health have stated there are no Board of Health issues with this property and are deferring to the engineer's opinion. Water and Electricity are already at the site. Property is being sold in 'As is" condition. If BUYER chooses to remove the house and garage it will be at their expense. Retaining the footprint of the garage has value as it's a preexisting non conforming location on the lot and therefore could be rebuilt in place, Buyer to clarify with relevant town officials. Easy access to harbor, town, shops, restaurants, Oak Bluffs Ferry, Sunset Lake, Campground cottages, Oak Bluffs Library. Front porch for relaxing on a Summer evening. Easy to show! PRICED BELOW ASSESSED VALUE. $20,000 Credit towards repairs, removing the house or closing costs.
MLS# 42766

Courtesy Of Alisan Lohan-Conway Properties

(508) 696-8457

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.23 Acres

Map and Directions

Directions to 25 Oak Avenue, Oak Bluffs, MA 02557

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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