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Multifamily Home with Permitted ADU

39 Ferro Way Vineyard Haven, MA 02568

New
39 Ferro Way, Vineyard Haven, MA, 02568
$1,488,000
For Sale
$1,488,000

Built in 2020, the property includes a permitted walkout lower-level ADU and a dual compartment NitROE wastewater system.

Property Size2,884 SF
Price / SF$515.95
Days on Market3

Property Features for 39 Ferro Way

General Information

Standard status
Active
Size
2,884 SF
Property subtype
Multi Family

Building Details

Year Built
2020
Listing agency Viewpoints
Listed by Emily Flake · License #448013404
Source Laerrealty
Added: Jul 20 Updated: Jul 21 at 4:28AM Checked: Jul 21 at 4:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Viewpoints


Investment Insights

Based on property information with market context.

Built in 2020, this maintained multifamily property offers 2,884 square feet with a total of 5 bedrooms and 4 full bathrooms. The walkout lower level is a fully permitted Accessory Dwelling Unit (ADU), providing separated living space that can be used for multigenerational living or guest and rental arrangements.

Set on a quiet cul-de-sac on a 15,593-square-foot lot, the home is described as being just a short distance from downtown Vineyard Haven, the Lake Tashmoo boat landing, and town tennis courts.

The property is located within the Tashmoo Watershed District and is equipped with a dual compartment NitROE wastewater treatment system. A six-bedroom septic system is already in place, and the remarks note the possibility of future expansion subject to Martha’s Vineyard Commission and Zoning Board of Appeals (ZBA) review and approval.

Key Highlights

  • Built in 2020 with 2,884 sq ft of living space, offering 5 bedrooms and 4 full bathrooms.
  • Permitted walkout lower‑level ADU provides flexible use for multigenerational living, guests, or rental income.
  • 15,593 sq ft lot on a quiet cul‑de‑sac with abundant outdoor space.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store Catering Service Pet Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Built in 2020, the property includes a permitted walkout lower-level ADU and a dual compartment NitROE wastewater system.
Where is this duplex located?
The property is located at 39 Ferro Way Vineyard Haven, MA.
What is the asking price?
The asking price for this property is $1,488,000.
What are key features of this property?
This property features: Built in 2020 with 2,884 sq ft of living space, offering 5 bedrooms and 4 full bathrooms.; Permitted walkout lower‑level ADU provides flexible use for multigenerational living, guests, or rental income.; 15,593 sq ft lot on a quiet cul‑de‑sac with abundant outdoor space.
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