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North Truro Cottage Colony On The Market, Asking $625K

In case you haven't heard, the rent is too damn high. Thus, it might be the ideal time to become a landlord, if such a time exists. So if you're in search of what the brokerbabble calls a "great investment opportunity," look no further.

This six unit complex includes a year-round, 1040 sq. ft. three bedroom duplex and five seasonal cottages. The cottages are each 336 sq. ft. with one bedroom, one bath and a living room/dining room/kitchen "great" room. The exterior looks like an indie horror film location and the decor is mid-century modern, retro, vintage or what have you. Does that make Truro the new Brooklyn? Anyway, adding second stories or roof decks offer "possible water views," but that's definitely something to verify. In addition, there's shuttle access to Provincetown and "Cold Storage Beach is a bike ride away." Yours for $625,000.

· US apartment rents rise at highest rate since '07 [Reuters]

· Listing: 127 Shore Road, North Truro [Zillow via Kinlin Grover Real Estate]