8 North Water Street Nantucket, MA 02554

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$3,250,000

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Exceptionally located on one of the few remaining cobblestone streets in the heart of downtown just 2 blocks from the Harbor and Main Street, this stately Greek Revival home offers a beautifully manicured private yard and garden, water views and existing off-street parking with significant building expansion possibilities. Currently configured as 10 condominiums, ranging from studios to 2 bedrooms, it also has the potential to be a lovely single family home or 2 or more larger luxury condominiums with separate private entrances from both the street and garden. All ten condominiums are owned by one owner and being sold together. The property has a wide variety of residence configurations with excellent rental income possibilities due to it's superb downtown location. Originally a sea captain's home, c. 1850, the property has retained several historical details including wide planked floors and original banister in the foyer. There are three full floors of living space, second floor wrap-around deck, a full basement and approximately 2,500 sq.ft. of additional ground cover remaining. With all the condominium documents in place this property provides the discerning Buyer multiple options. The hidden garden, water views and off-street parking, combined with the convenience of in-town living, make this very unique property a must see.

First Floor

There are 6 suites on the first floor. Off North Water Street, the main entrance has a hand painted foyer with many historic details. From this foyer entry, Unit One, a studio, is accessed. The entrance for Unit Two, a 3 room, 2 bedroom, 2 bath unit, is off North Water Street to the left of the main entrance. Unit Two has its own garden and covered porch. Unit Five, a studio is accessed off of Ash Lane and has a private fenced-in garden and patio. Unit Three, a studio, has a patio facing the garden. Units Four and Six, each 2 room/ 1 bedroom suite, are accessed of the garden area. These units have patios facing the garden. Each unit is completely furnished, have deluxe wetbars(except Unit Five), updated electronics and internet access.

Second Floor

Unit Seven, a studio, has a deck with a partial harbor view. Unit Eight is a 3 room, 2 bedroom suite with a deck overlooking the garden while Unit Nine is a 2 room, 1 bedroom suite with a deck as well. All of the suites are accessed by separate entrances from a second floor deck off the garden. Each unit is completely furnished, have deluxe wetbar, up to date electronics and internet access.

Third Floor

Unit Ten, The Penthouse, is a 3 room, 2 bedroom suite with harbor views. The unit has both interior and exterior access. This unit is completely furnished with a deluxe wetbar, modern electronics and internet access.