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Investors! Here's your chance to secure a rare opportunity in Falmouth Village. The multi-family property offers an unbeatable location and a host of possibilities for those seeking a flexible living arrangement. This location provides quick access to downtown, beaches, restaurants, Goodwill Park and direct access to the Shining Sea Bike Path. The property has 3 distinct buildings: The main house has the primary residence on the 1st floor, with 2 bedrooms, full kitchen, living room and full bath. The bonus lower-level suite includes a kitchenette, bath and a living area/bedroom that opens to the backyard. The separate cottage with kitchen, bathroom, bedroom and living room, boasts its own parking area, making it a separate living/rental opportunity. The 3rd rental building is a garage with a storage shed. All 3 buildings come with strong rental histories. Generate passive income or use this multi-family property to accommodate extended family members. Being sold ''as is.''
Listed by O'Neill Group of Berkshire Hathaway HomeServices Robert Paul Properties (oneillgroup@robertpaul.com)

Listing Sold by Kinlin Grover Compass

More Info

Location Information

  • Directions Rte 28 to Palmer Ave

Basic Information

  • Listing Terms Conventional
  • Lot Features
    • Bike Path
    • Cleared
    • Gentle Sloping
    • Level
    • Major Highway
    • Medical Facility
    • Wooded
  • Owner Pays Gas, Water, Heat, Electricity, Grounds Care, Snow Removal, Hot Water
  • Parcel Number 35 01A 011 000
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $419,800
  • Tax Year 2023
  • Taxes$3,379

School Information

  • High School DistrictFalmouth

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Paved
  • Parking Spaces6

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms3
  • Full Bath3

Basic Information

  • List Price$795,000
  • MLS Number22304265
  • Modification Date09/24/2024
  • Property SubTypeMulti Family
  • Sale Date03/29/2024
  • Sale Price$743,000

Location

  • Address552 Palmer Avenue
  • Building Number552
  • CountyBarnstable
  • StateMA
  • StreetPalmer Avenue
  • TownFalmouth
  • Township Falmouth
  • Zip02540

Building

  • BasementBulkhead Access, Walk-Out Access, Finished
  • Building Area Units Square Feet
  • Construction Materials Clapboard, Vinyl/Aluminum
  • Entry Location Unit 1: First Floor, Unit 1: Street Level, Unit 2: Basement, Unit 2: Lower Level, Unit 3: First Floor
  • FoundationBlock
  • GarageYes
  • Patio And Porch Features Deck
  • Property StyleBungalow
  • Rooms6
  • Year Built1954

Property

  • Acreage0.38

Interior

  • Flooring Vinyl, Carpet, Wall to Wall, Vinyl Floor

Exterior

  • Exterior Features Yard
  • RoofAsphalt, Pitched

Utilities

  • Heating YN Yes
  • Sewer Septic Tank
  • Water Source Public

Property Information

  • Common Walls Basement, Detached
  • Living Area Units Square Feet
  • Lot Size Square Feet 16,553
  • Lot Size Units Acres
  • Property Condition Actual
  • Square Feet2,074

Amenities

  • Appliances IncludedGas Water Heater, Water Heater
  • Other AmenitiesBasement

Legal

  • ZoningGR

Other

  • Date Listed09/30/2023
  • View Count68

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This site was last updated April 18, 2025 6:21 AM EDT. All properties are subject to prior sale, changes, or withdrawal.

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