201 Water Street

Newly remodeled 4 bedroom 3.5 bath Victorian/colonial home walking distance to the Green with sweeping water views of the tidal river, marsh and harbor. Spectacular brand new kitchen with BIG CHILL appliances, granite and soap stone counters, massive island and vaulted ceilings. Hardwood floors throughout. This property also features a two car detached garage with a newly renovated carriage house above the garage that can be used as a rental, guest house or professional office for the homeowner. In addition there is a 2 bedroom four season cottage rental for extra income. Rental income is projected to be in excess of 50k per year for both rear buildings. All mechanicals and roof are brand new. This home has been renovated to be FEMA compliant. Flood insurance costs are reasonable through FEMA and Selective insurance. Also a fantastic "in-law quarters" Projected rental income for all 3 buildings can be 110,000 annually.