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Active

355 Palmer Avenue, Falmouth MA 02540

$750,000

Estimated $1,511/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $250,000

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

1876

Total Parking: 6

22,499 (0.52)

Exceptional investment opportunity in the heart of Falmouth! This three-unit residential property offers 6 bedrooms, 3 full baths, and is situated on a generous ½-acre lot in a desirable area. Ample off-street parking for 4–6 vehicles, a spacious yard, and additional storage enhance the property’s appeal for owners and tenants alike. Ideally located just minutes from Falmouth Hospital, the Shining Sea Bikeway, Steamship Authority parking, public transportation, downtown shopping, restaurants, beaches, and major commuter routes. Whether you’re seeking a strong income-producing property, multi-generational living, or future investment potential, this versatile offering presents an outstanding opportunity in one of Cape Cod’s most sought-after locations.

This home has been viewed 12 times

Last Checked: July 18th, 2026 at 5:43am (Source: MLS PIN #73548816)

Gross Income: $0

Gross Expenses: $3,534

Net Income Calc: $3,534

Water Views

Annual Expenses for 355 Palmer Avenue, Falmouth MA 02540

Total Gross Expenses (Calculated)$3,534/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3534

Annual Income & Unit Breakdown for 355 Palmer Avenue, Falmouth MA 02540

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 355 Palmer Avenue, Falmouth MA 02540

Listing ID73548816

Property TypeMulti Family / 3 Family

Price750000 ($399.79/SqFt)

Style3 Family

CityFalmouth

CountyBarnstable

Neighborhood(s)

Approximate Living Area Total1876

Approximate Lot Size (Acres)0.52

Total Parking6

Garage Parking0

Year Built1940

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPrivate Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningGR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 355 Palmer Avenue, Falmouth MA 02540

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5A

ExclusionsPersonal Property

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 355 Palmer Avenue, Falmouth MA 02540

Real Estate Taxes3534

Tax Year2026

Assessed Value$616,800

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 355 Palmer Avenue, Falmouth MA 02540

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 355 Palmer Avenue, Falmouth MA 02540

Agent

Name: O'Neill Group

Office

Name: Berkshire Hathaway HomeServices Robert Paul Properties

Phone: 508-540-9800

Payment Calculator

, Interest

Property Taxes 294.5

Principal & Interest 4621.26

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Robert Paul Properties

O'Neill Group

Agent Phone

Office Phone

(508) 540-9800

Text Agent Call Agent Call Office

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EXIT

6 More Photos

Active

355 Palmer Avenue, Falmouth MA 02540

$750,000

Annual Expenses for 355 Palmer Avenue, Falmouth MA 02540

Annual Income & Unit Breakdown for 355 Palmer Avenue, Falmouth MA 02540

General Information for 355 Palmer Avenue, Falmouth MA 02540

Disclosures for 355 Palmer Avenue, Falmouth MA 02540

Financial Information for 355 Palmer Avenue, Falmouth MA 02540

Location Information for 355 Palmer Avenue, Falmouth MA 02540

Contact Information for 355 Palmer Avenue, Falmouth MA 02540

Agent

Office

Payment Calculator

Exclusive Listing Agent

Berkshire Hathaway HomeServices Robert Paul Properties

O'Neill Group