21 Mechanic Street Provincetown — Photo 1 of 24
Recent Drop: $246,000
$2,249,000
Investment Analysis — 21 Mechanic Street
Provincetown, MA 02657
Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 2-unit multi-family in 02657 carries an estimated $3,140/mo in gross rent — about a 0.90% cap rate and $20,268/yr in estimated NOI at the $2,249,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
1,446
Style
Multi Family
Built
1860
Built in the mid-1800s and lovingly stewarded by the Cook family since 1945, this rare two-family home in Provincetown's sought-after West End is steeped in local history. Tucked away from the street's line of sight on all sides, it offers a rare combination of privacy and neighborhood rooftop views. Perched on a 6,000 sq ft lot, the home features two apartments, five bedrooms, and a spacious attic, with bay views from the second-floor unit and deck. The positioning of the house along one side of the lot allows for generous parking and a magnificent backyard full of possibilities. Moments away from everything the town has to offer. Property being sold as is.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$2,249,000
Was $2,495,000
Aug 13, 2026
MLS® 73522164
$2,495,000
May 20, 2026
MLS® 73522164
Listing Agent: Iskren Georgiev
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73522164
