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.