Property profile

346 Gifford Street Ext 1-6 Falmouth, MA 02540

FOR SALE
Apartment buildings
Property ID
US38-Q000803
Built 1974
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Property summary

AI-generated overview

Located in the heart of downtown Falmouth, just minutes from Falmouth Hospital, this mixed-use commercial offering presents a rare investment or owner-user opportunity. The property is a free-standing building within a well-established condominium association. There are 6 units featuring three levels with two units per level. Four of the six units are currently occupied, providing existing income potential. The building totals approximately 2,947 square feet and allows for a variety of uses including, but not limited to, residential, retail sales, and business or professional offices. Utilities include private septic, Town water, and natural gas. Its prime location, flexible zoning potential, and strong occupancy make this an attractive addition to any portfolio.

Property profile

Verified
Property type Apartment buildings
Year built 1974
UPID US38-Q000803

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

346 Gifford Street Ext, Unit 1-6 Falmouth, MA 02540
Falmouth metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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