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For sale
  • Price cut: $20K (4/23)
    $240,000

    314 Gifford Street #1U, Falmouth, MA 02540

    2beds
    1,140sqft
    : 
    Townhouse
    Built in 1980
    -- sqft lot
    $233,800 Zestimate®
    $211/sqft
    $327/mo HOA

    What's special

    Ample on-site parkingRecessed courtyard
    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.
    18 days
    on Zillow
    |
    3,031
    |
    71
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 06:36am

    Listed by:

    INSPIRE Team 508-866-7787,

    Keller Williams Realty

    Source: CCIMLS,MLS#: 22501467MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 314 Gifford Street #1U.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Basement
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • None
    Appliances
    • Included: Tankless Water Heater, Electric Water Heater
    Features
    • Flooring: Other
    • Has fireplace: No
    Interior area
    • Total structure area: 1,140
    • Total interior livable area: 1,140 sqft

    Property

    Features
    • Stories: 1
    • Entry location: Lower Level
    Lot
    • Features: Bike Path, School, Medical Facility, Major Highway, House of Worship, Shopping, Conservation Area
    Details
    • Parcel number: 38 03 314 001U
    • Zoning: B3
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Clapboard, Shingle Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • Updated/Remodeled, Actual
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Road Maintenance, Snow Removal, Trash
    • Services included: Professional Property Management, Insurance
    • HOA fee: $982 quarterly
    Location
    • Region: Falmouth

    Financial & listing details

    • Price per square foot: $211/sqft
    • Tax assessed value: $101,800
    • Annual tax amount: $597
    • Date on market: 4/8/2025
    • Ownership: Condo
    • Road surface type: Paved
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