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.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 4
- Entry Foyer Level: 1
- Basement Description: N
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Heating and Cooling
- Heating Features: Electric
- Heating: Yes
Waterfront and Water Access
- Beach Front
- Ocean
- 1 to 2 Mile To Beach
- Beach Ownership(Public)
Land Info
- Lot Size Acres: 1.0
- Lot Size Square Feet: 43560
Garage and Parking
- Open Parking: Yes
- Parking Total: 1
Homeowners Association
- Association: Yes
- Association Fee: 982
- Association Fee Frequency: Quarterly
- Association Fee Includes: Road Maintenance
- Calculated Total Monthly Association Fees: 327
- Pets Allowed: No
Multi-Unit Info
Other Property Info
- Annual Tax Amount: 636
- Source Listing Status: Price Changed
- County: Barnstable
- Directions: From Gifford St. turn into the Homeport. Entrance to unit 1U is on the back of Building 314.
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: condo
- Parcel Number: 38 S:03 P:314 L:001U, 2313582
- Postal Code Plus 4: 2948
- Zoning: B3
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Year Built: 1980
- Building Area Total: 1140
- Building Area Units: Square Feet
- Common Walls: No One Below
- Construction Materials: Stone
- Property Age: 45
- Property Attached: Yes
- Roof: Shingle
- Levels or Stories: 1
- Structure Type: Townhouse, Attached
- Year Built Details: Actual
- Year Built Source: Public Records
Utilities
- Sewer: Private Sewer
- Water Source: Public