48 Walker St
$1,750,000
10
Beds
7
Baths
4,072
Sqft
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$1,750,000
10
Beds
7
Baths
4,072
Living Area
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Property Description
7-unit Multi-Family Property Steps from iconic Main Street Falmouth. Discover the perfect investment opportunity with this multi-family property. Whether you are searching for lucrative rental income, a family compound, a redevelopment opportunity or a combination of all the above, this property offers endless possibilities. This property has 6 units in the Main House and 1 detached Guest Cottage. Located a mere 500 feet to Main Street this property is a short stroll to all the shops, restaurants, art galleries, cafes and spas that make downtown Falmouth so very special. The property is less than .6 miles to The Shining Sea Bikeway, .7 miles to Surf Drive Beach, and .9 miles to Falmouth Harbor. The property has 6 one-bedroom units and a 4-bedroom unit. It is rare that a property with such potential becomes available in such a highly desirable area of Falmouth. The property has a passing 10-bedroom Title V report. This is truly an opportunity not to be missed.
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Highlights
- Area: Falmouth (village)
- Levels: 11
- Property Class: Residential Income
- Stories: 11
- Year Built: 1900
- Heating: Baseboard
- Parking Spots: 6
- Property Type: 5-9 Family
- Total Rooms: 19
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Concrete Perimeter, Stone
- Lot Features: Cleared, Gentle Sloping
- Roof: Shingle
- Total Number of Units: 7
- Year Built Source: Public Records
- Basement: Full
- Flooring: Carpet, Laminate
- Interior Features: Living RM/Dining RM Combo, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Bike Path, Highway Access, House of Worship, Public School
- Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Assigned
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Utilities
- Electric: 220 Volts
- Water Source: Public
- Sewer: Inspection Required for Sale
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Fees / Taxes
- Assessed Value: $993,600
- Tax Year: 2024
- Total Rent: $5,000
- Rental Fee Includes: Unit 1(Heat, Electric), Unit 3(Heat, Electric, Water), Unit 4(Heat, Electric)
- Taxes: $6,240
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Listing information provided courtesy of Sotheby's International Realty.
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