Building Details

Year Built 1900

Listing Agency: Kinlin Grover Compass

Listed By: Kenny - Heisler Team Show Phone

Source: Capecodtoday

Added: Sep 24 Last Checked: Sep 26 at 3:54AM

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Investment Insights

Based on property information with market context.

Built in 1900, this Queen Anne-style multifamily property has three units in the main residence and a detached cottage with one bedroom and one bathroom. The main house contains more than 2,100 square feet of finished living area. Cedar shingle siding, a covered wraparound porch, and mature trees are among its existing features, set across nearly three-quarters of an acre in North Falmouth Village.

The property is two doors from the Shining Sea Bikeway and near Megansett Beach, tennis, a playground, the library, shops, and restaurants. The existing configuration provides four separate living units across the main house and cottage.

Key Highlights

• Three units in the main residence
• Detached cottage with one bedroom and one bathroom
• More than 2,100 square feet of finished living space in the main house

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Storage Facility HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

279

Businesses Nearby

Explore this area Business Placement

Demographics for 02556, MA

3,338

Population

2,751

Households

1.2

Avg Household Size

58

Median Age

69%

College-Educated

100%

High-School Grad

3.9 sq mi

ZIP Area

856

Density / Sq Mi

$133,929

Median Household Income

$68,750

Median Earnings

$658,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Multifamily property - A multi-unit residence and separate cottage sit on established grounds in North Falmouth Village.

Where is this multifamily property located?

The property is located at 46 County Road North Falmouth North Falmouth, MA.

What is the lease rate?

The lease rate is $899,000.

What are key features of this property?

This property features: Three units in the main residence; Detached cottage with one bedroom and one bathroom; More than 2,100 square feet of finished living space in the main house