$260,000
2 Bed
2 Bath
1,140 Sqft Building

314 Gifford Street # 1U, Falmouth, Massachusetts 02540

  • Residential Property Type
  • 228.07 Price/Sqft
  • 1980 Year Built

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.

Basic Details

CCIMLS
$260,000
$597
2025
Residential
For Sale
2
2
2
4
1980
1,140 Sqft
Active
Condominium
22501467
Keller Williams Realty
INSPIRE Team

Features

: Electric Water Heater, Tankless Water Heater
: Other
: Major Highway, Bike Path, Conservation Area, House Of Worship, Medical Facility, School, Shopping
: Asphalt
: Private Sewer
No
1 To 2

Additional Information

: Trash, Snow Removal, Road Maintenance
$982
Quarterly
: Insurance, Professional Property Management
: Shingle Siding, Clapboard
: Concrete Perimeter
: Actual, Updated/remodeled
: Private Road
: Townhouse
: Public
B3
No
10
04/18/2025

Address Map

314 Gifford Street # 1U
MA
Barnstable
Falmouth
Falmouth
02540
Homeport
0
W71° 23' 21.9''
N41° 33' 43.7''
From Gifford St. turn into the Homeport. Entrance to unit 1U is on the back of Building 314.
Property