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552 Palmer Avenue

Falmouth, MA 02540
$743,000
4 Beds
3 Baths
2,074 Living Area
  • Property Description
    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.''
  • Highlights
    • Parking Spots: 6
    • Property Type: 3 Family
    • Year Built: 1954
    • Property Class: Residential Income
    • Total Rooms: 9
    • Status: Closed
  • Additional Details
    • Basement: Full, Finished, Walk-Out Access, Bulkhead
    • Foundation: Block
    • Lot Features: Wooded, Cleared, Gentle Sloping, Level
    • Roof: Shingle
    • Year Built Details: Actual
    • Zoning: Gr
    • Flooring: Tile, Carpet
    • Interior Features: Living Room, Kitchen
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Park, Medical Facility, Bike Path, Highway Access
    • Parking Features: Off Street, Paved
    • Covered Parking Spaces: 1
  • Utilities
    • Sewer: Private Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $419,800
    • Compensation Based On: Gross/Full Sale Price
    • Rental Fee Includes: Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Water, Hot Water)
    • Taxes: $2,905
    • Buyer Agent Compensation: 2.0%
    • Facilitator Compensation: 2.0%
    • Tax Year: 2023
    • Total Rent: $2,489

Location

552 Palmer Avenue, Falmouth, MA 02540

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Kinlin Grover Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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