163 Orange Street, Nantucket MA

Unique opportunity to own this versatile multifamily/commercial property ideally suited for a variety of residential and business uses. The property features three separate residential units plus a partially finished basement with a full bath, currently serving as an office. Centrally located close to the center of town, it offers exceptional flexibility for rental income, employee housing, or short-term rentals. The first floor includes 1 studio apartment and 1 one-bedroom apartment, each with its own kitchen and full bathroom. The second and third floors comprise a stylish two-bedroom apartment with private baths, a powder room, and expansive water views over Land Bank property stretching to Monomoy Creeks and Nantucket Harbor. Recent improvements include a new garage, a remodeled studio, decor updates to the main apartment including updated baths and wall treatments. Zoning allows for commercial or residential use, conversion to a single-family home, or potential separation into condominiums, making this a rare investment opportunity.

Floor 1: The first floor consists of a freshly redone studio apartment as well as a one bedroom apartment on the opposite side. Both equipped with full kitchens and full bathrooms.,

Floor 2: The second floor apartment has been redecorated with newly updated bathroom, grasscloth wallpaper, and fresh paint throughout. Stack washer and dryer. Powder room. The main room consists of the modern kitchen, dining area and living room, which opens to a 2nd floor deck with more water views.,

Floor 3: The second floor apartment includes a 3rd level that has a large bedroom and recently updated bathroom with new tile and vanity.

Basement office space is finished with kitchenette and full bathroom. The other half of the basement is ideal for storage.