Raymond M. Hall, REALTOR® | (508) 221-2544 | Text | ray@ricottarealestate.com | 1181 Main Street, Chatham, MA 02633
$2,350,000
-12.8% from original list of $2,695,000 · June 25, 2026

1547 Main Street, Chatham, MA 02633

0.78 acres
MLS# 22601891 · Commercial / (Hotel/Motel)
Listed: 05/01/26 (listing data as of 08/10/26 at 7:51 pm)
  • Renovated 2026

About This Property

Conveniently positioned along Main Street in Chatham, this fully renovated housing complex offers a rare and compelling investment opportunity in one of the Cape's most supply-constrained markets. Ideally suited for workforce, employee, or long-term housing, the property is approved by the town for 33 beds and features 12 total units, each designed for comfort, privacy, and efficiency. The property includes 10 individual room units, each with a bath, small kitchenette, and heating and cooling; a main house with four bedrooms, three bathrooms, and a full kitchen; and an attached two-bedroom apartment with its own kitchen and bath. Connected to the town sewer and located on the Route 28 bus line, the property offers accessibility for tenants and employers. Extensively renovated in 2026, improvements include flooring, plumbing, electrical, siding, paint, roof, landscaping, and a shared laundry room with three new coin-operated washer and dryer sets. With several leases in place, the asset offers immediate income. Turnkey, low-maintenance, and positioned in a market with persistent housing demand, this is a rare opportunity to acquire a high-performing investment property Chatham.

Property Details

Property TypeCommercial
(Hotel/Motel)
StatusFor Sale
MLS Number22601891
Annual Taxes$2,766 (2025)
Total Assessment$797,001
Lot Size0.78 acres
RenovatedYes
Year Renovated2026
Heat Source Natural Gas
Add'l Heating Heat Pump
Cooling A/C Wall Unit(s)
Days on Market101
WaterfrontNo

Location

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Listing Courtesy of: Evan Dean / Christie's International Real Estate Atlantic Brokerage

The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. (CCIMLS). Real estate listings provided by CCIMLS and held by brokerage firms other than John C. Ricotta & Associates are marked with the CCIMLS BR Logo and detailed information includes, at minimum, the name of the listing agent and broker attribution assigned by the listing broker. This site was last updated 08/10/2026. Neither the listing broker nor John C. Ricotta & Associates shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. All properties are subject to prior sale, changes, or withdrawal.