314 Gifford Street # 1U
Falmouth, MA, 02540
$260,000
2 Beds
2 Baths
1,140 SqFt
0 Acres
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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.

Property Details

Price:
$260,000
MLS #:
22501467
Status:
Active
Beds:
2
Baths:
2
Address:
314 Gifford Street # 1U
Type:
Condo
Subtype:
Condominium
City:
Falmouth
Listed Date:
Apr 8, 2025
State:
MA
Finished Sq Ft:
1,140
Total Sq Ft:
1,140
ZIP:
02540
Year Built:
1980
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Schools

School District:
Falmouth

Interior

Appliances
Tankless Water Heater, Electric Water Heater
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Other

Exterior

Association Amenities
Road Maintenance, Snow Removal, Trash
Construction Materials
Clapboard, Shingle Siding
Roof
Asphalt

Financial

HOA Fee
$982
HOA Frequency
Quarterly
HOA Includes
Professional Property Management, Insurance
Tax Year
2025
Taxes
$597

Map

Community

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314 Gifford Street # 1U
Falmouth, MA