314 Gifford Street #1U Active Save Request In-Person Tour Request Virtual Tour
Falmouth,MA 02540
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $210
MLS Listing ID 22501467
Bedrooms 2
Full Baths 2
HOA Fees $327/qua
HOA Y/N Yes
Abv Grd Liv Area 1,140
Originating Board Cape Cod & Islands API
Year Built 1980
Annual Tax Amount $597
Tax Year 2025
Property Sub-Type Condominium
Property Description
Discover a unique investment opportunity in the mixed-use Falmouth's Homeport complex. This lower level 2-bedroom, 2-bathroom condo, currently undergoing remodeling, features an open-concept living and kitchen area with two large windows with window wells that bring in natural light. The space is fully framed, with electrical and plumbing in place, and holds all necessary residential permits following recent rezoning to residential use. Accessible via stairs leading down to a recessed courtyard, the condo offers both a main entrance and a secondary side door. While most units in the complex are used for medical or professional offices, several have been converted to residential use, offering potential for flexible occupancy. With its ample on-site parking and its proximity to downtown Falmouth, this unit offers strong potential for rental income and is an excellent opportunity for investors looking to capitalize on consistent demand in a sought-after location. The property is being sold as is and will not be completed by the current owner, making it a compelling option for buyers ready to take on the finishing work and realize its full potential.
Location
State MA
County Barnstable
Zoning B3
Direction From Gifford St. turn into the Homeport. Entrance to unit 1U is on the back of Building 314.
Rooms
Primary Bedroom Level Basement
Interior
Cooling None
Flooring Other
Fireplace No
Appliance Tankless Water Heater,Electric Water Heater
Exterior
View Y/N No
Roof Type Asphalt
Street Surface Paved
Garage No
Private Pool No
Building
Lot Description Bike Path,School,Medical Facility,Major Highway,House of Worship,Shopping,Conservation Area
Faces From Gifford St. turn into the Homeport. Entrance to unit 1U is on the back of Building 314.
Story 1
Foundation Concrete Perimeter
Sewer Private Sewer
Water Public
Level or Stories 1
Structure Type Clapboard,Shingle Siding
New Construction No
Schools
Elementary Schools Falmouth
Middle Schools Falmouth
High Schools Falmouth
School District Falmouth
Others
HOA Fee Include Professional Property Management,Insurance
Tax ID 38 03 314 001U
Ownership Condo
Distance to Beach 1 to 2
Special Listing Condition None