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Two-Family Home with Studio
New
For Sale
$1,199,000

7 Standish Street, Provincetown, MA 02657

Multi-Family, Antique, Provincetown, MA

Property Size2,721 SF
Lot Size0.07 Acres
Price / SF$440.65
Days on Market1

Property Features for 7 Standish Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description TCC
Bedrooms 3
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3
Parking 2
Parking features Off Street
Patio and Porch features Deck
Exterior features Private Yard
Basement Full
Appliances Water Heater
Lot features Corner Lot, Level
Subdivision Provincetown
Standard status Active
APN PROV M:12-1 B: L:19-0
Size 2,721 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 10351

Utilities

Sewer type Public Sewer
Heating system Propane (Heating)
Water source Public

Amenities

decks
storage
Monument views

Building Details

Year built 1800
Floors in Building 3
Number of units 2
Flooring type Vinyl, Carpet
Building materials Shingle Siding
Roof type Asphalt
Architectural style Other
Buildings 2
Listing Agency: Gibson Sotheby's International Realty
Listed By: Iskren ''Isi'' Georgiev · License #9539169
Added: Oct 30 Last Checked: Oct 30 at 9:06PM
MLS# 22605494

Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The 2,721-square-foot property includes a two-family residence arranged over three levels, with decks on each level. A separate building provides studio space above storage, while the main residence also includes a lower-level workshop area. The property dates to 1800 and is being sold as is.

Set at the corner of Standish and Freeman streets, the property is steps from Commercial Street and has views of the Monument. Off-street parking accommodates two cars.

Key Highlights

  • Two‑family residence with 2,721 square feet across three levels
  • Separate studio building with storage below
  • Decks on each level of the main residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,655
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,100 $1.2M
Cap Rate 7%
$866,500 $866.5K
Cap Rate 9%
$673,944 $673.9K
Market Conditions
NOI Build-Up for 2,721 SF
Gross rent
$89.8K $33.00/SF
− Vacancy
−$3.1K −$1.16/SF
EGI
$86.7K $31.85/SF
− OpEx
−$26.0K −$9.55/SF
NOI
$60.7K $22.29/SF
Area
Barnstable County, MA
Vacancy
3.50%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,213,100
Cap Rate 7%
$866,500
Cap Rate 9%
$673,944

Alternative Uses

Best Use
Multifamily LT 5
$866.5K
$758.2K – $1.01M (±1% cap)
NOI $60,655 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$778.9K
$681.6K – $908.7K (±1% cap)
NOI $54,524 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.11M
$970.2K – $1.29M (±1% cap)
NOI $77,618 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,291
Businesses Nearby

Demographics for 02657, MA

3,664
Population
4,778
Households
0.8
Avg Household Size
58
Median Age
61%
College-Educated
96%
High-School Grad
9.7 sq mi
ZIP Area
378
Density / Sq Mi
$104,500
Median Household Income
$54,784
Median Earnings
$1,306
Median Rent
$769,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A detached studio building adds separate workspace and storage to the two-family residence.
Where is this duplex located?
The property is located at 7 Standish Street Provincetown, MA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two‑family residence with 2,721 square feet across three levels; Separate studio building with storage below; Decks on each level of the main residence
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