314 Gifford St Unit 1
Falmouth, MA 02540
- 2 beds
- 2 baths
- 1,140 sqft
- ~1 acre lot
- $228 per sqft
- 1980 build
- – on site
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.
Last checked:
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Last updated Apr 12, 2025
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MLS# 73356380 —
The Building
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Year Built:1980
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Year Built Details:Actual
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Year Built Source:Public Records
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Structure Type:Townhouse
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Construction Materials:Stone
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Entry Level:1
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Common Walls:No One Below
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Roof:Shingle
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Basement:N
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Unit Number:1
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Stories Total:1
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Stories:1
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# of Units Total:1
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Building Area Total:1140
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Rooms Total:4
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Fireplace:false
Room Dimensions
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Living Area:1140
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Living Area Source:Public Record
Location
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Directions:From Gifford St. turn into the Homeport. Entrance to unit 1U is on the back of Building 314.
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Latitude:41.562106
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Longitude:-70.611188
The Property
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Parcel Number:38 S:03 P:314 L:001U,2313582
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Property Type:Residential
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Property Subtype:Condominium
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Property Attached:true
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Lot Size Units:Acres
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Lot Size Area:1
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Lot Size SqFt:43560
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Lot Size Acres:1
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Zoning:B3
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Waterfront:false
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Waterfront Features:Beach Front
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Farm Land Area Units:Square Feet
Listing Agent
- Contact info:
- Office phone:
- (508) 534-7200
Taxes
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Tax Year:2024
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Tax Book Number:32306
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Tax Annual Amount:636
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Tax Assessed Value:101300
Beds
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Bedrooms Total:2
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:Private Sewer
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Water Source:Public
The Community
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Senior Community:false
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Spa:false
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Pets Allowed:No
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Association Fee:982
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Association Fee Includes:Road Maintenance
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Association Fee Frequency:Quarterly
Parking
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Garage:false
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Parking Total:1
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Open Parking:true
Monthly cost estimate

Asking price
$260,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,392
|
Taxes | $53 |
Insurance | $71 |
HOA fees | $327 |
Utilities | $179 See report |
Total | $2,022/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/8/25
Apr 8, 2025
|
Listed / Active | MLSPIN | $260,000 |