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Nicole Catalano

[email protected] +1(774) 722-0668

$ 240,000

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Price Dropped by $20K

314 Gifford Street #1U Falmouth, MA 02540

2 Beds

2 Baths

1,140 SqFt

UPDATED:

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 $982/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

Listed by Keller Williams Realty

Nicole Catalano

Advisor | License ID: 9513776

+1(774) 722-0668

Nicole Catalano

314 Gifford Street #1U Falmouth, MA 02540

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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314 Gifford Street #1U