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The Tiniest Cottage for Sale in Hyannis Now Wants $49,500

Meet the tiniest cottage for sale in Hyannis. While this 253 square foot condo is pretty much a McMansion compared to the diminutive digs on the market just one town over, it's still serious micro-living.

Built in 1951, Unit M1 has been bouncing on and off the market since 2011 when the studio condo was asking $265,000. Four years and many price fluctuations later, the wicked wee spread is summed up by the brokerbabble like so:

Investment Hide-Away! Nicely situated on a sunny residential street between Veteran''s Beach, Hyannis Harbor, Kalmus and Sea Street Beaches, and Hyannis'' Main Street is quaint Captain Gosnold Village. This efficiency unit features a living room, kitchenette, and bathroom, and steps out onto a shaded deck. Unit must be available to be rented through the on site management company April through October. Owners may rent out themselves in the off season.Does that mean owners themselves can't actually use the place? Do tell if you're in the know. Whatever the case may be, the asking price for the 230 Gosnold Street unit dropped this week and is now down to just $49,500.
· Listing: 230 Gosnold Street, Hyannis [Zillow]
· Inside the Tiniest Cottage For Sale on Cape Cod [Curbed Cape Cod]