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.
364 Gifford Street, #1-6, Falmouth, MA, 02540
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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