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. 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.
For sale
Price cut: $20K (4/23)
$240,000
314 Gifford St UNIT 1, Falmouth, MA 02540
2beds
1,140sqft
Est.:
Condominium, Townhouse
Built in 1980
1 Acres Lot
$-- Zestimate®
$211/sqft
$327/mo HOA
What's special
- 19 days
- on Zillow |
- 1,347 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 06:38am
Listed by:
Inspire Team,
Keller Williams Realty,
Serena LoPiccolo Smith
Source: MLS PIN,MLS#: 73356380
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- None
Features
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No One Below
Interior area
- Total structure area: 1,140
- Total interior livable area: 1,140 sqft
- Finished area above ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Waterfront features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 1 Acres
Details
- Parcel number: 38 S:03 P:314 L:001U,2313582
- Zoning: B3
Construction
Type & style
- Home type: Townhouse
- Property subtype: Condominium, Townhouse
- Attached to another structure: Yes
Materials
- Stone
- Roof: Shingle
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
Community & HOA
HOA
- Services included: Road Maintenance
- HOA fee: $982 quarterly
Location
- Region: Falmouth
Financial & listing details
- Price per square foot: $211/sqft
- Tax assessed value: $101,300
- Annual tax amount: $636
- Date on market: 4/8/2025
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