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683 Main St, Falmouth, MA 02540

$1,995,000
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New to the Market Active
BEDS6 BATHS5 full SQUARE FEET3,697 MLS#73556043
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

683 Main Street is a fully renovated 5-unit multifamily property in the heart of downtown Falmouth, delivered 100% vacant or tenanted. The building offers four mirrored 1-bedroom/1-bath units across the first and second floors, plus a spacious 2-bedroom/1-bath unit at the basement level ?? 3,697 SF gross building area. All new plumbing and electrical throughout, with shared laundry in the basement. Two second-floor units are Medium Income units, offering a hedge against vacancy backed by Falmouth's income-qualified tenant pool; the remaining three units are unrestricted market rate, well suited to long-term rental, short-term/Airbnb use, or seasonal and travel-nurse housing. Engineered and permitted plans for the 5-unit configuration are complete (Lala Associates Engineers LLC, Project #24161). Walkable to downtown Falmouth's shops, restaurants, and some of the Cape's most popular beaches.

683 Main St | MLS# 73556043

This multi-family property located at 683 Main St, Falmouth, MA 02540 is currently listed for sale with an asking price of $1,995,000. Search Falmouth real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Cooling: Window Unit(s), Other
Fenced: Yes
Heating: Electric
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $4,817
Year Built: 1983

Amenities

Living Room
Dining Room
Kitchen

Feature Descriptions

Appliances: ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Cooktop, Range, Oven, Rangetop - ENERGY STAR
Building Area Total: 3697
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 5+ Family - 5+ Units Up/Down
Fencing: Fenced/Enclosed
HeatingY/N: 1
Open Parking Y/N: Yes
Parcel Number: 2320075
Parking Features: Paved Drive, Off Street
Parking Total: 10
Rent Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water), Unit 4(Water, Hot Water)
Rooms Total: 17
Sewer: Public Sewer
Units: 5
Water: Public
Waterfront Features: Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Listed By / Shown By

Listed By

Agency Name: Cutter Luxe Living LLC
Agent Name: Cutter Luxe Team
Agency Phone: 774-240-9174

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Estimated Payment

$ 5,423.30 per month $4,440.01 Principal & Interest $401.42 Property Tax $581.88 Homeowner's Insurance

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