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Sold for $1,210,000 on 12/18/24
  • $1,210,000

    481 Commercial Street UNIT U1, Provincetown, MA 02657

    1beds
    1,131sqft
    Condominium, Apartment
    Built in 1950
    -- sqft lot
    $1,217,100 Zestimate®
    $1,070/sqft
    $3,209 Estimated rent

    What's special

    This rarely available, free-standing, waterfront cottage is located in Provincetown's East End Gallery District. The 1,131 SF detached condo provides 1 BR, a large den, 2 full baths, gas fireplace, 1 parking spot, new in-unit washer & dryer, an exclusive deck and an excellent rental history, making it an ideal getaway home or investment.The recently upgraded kitchen extends into the open living & dining area with a fireplace and water views. The large den has a sliding glass doors leading to the 31' long exclusive deck.This six-unit Chandler House Condominium association recently renovated the common deck with stairs to the beach and rebuilt the seawall. Pets are allowed for owners and renters.Condo fees have proven to be an excellent value as they include on-site concierge-level management, complete rental services, cleanings, flood & master insurance, common electric, water, gardening, maintenance and reserves. This is ideal for owners who want their home managed worry-free.Offered furnished with some exclusions.The 2023 net rental income was $42K and expect $50K in 2024.Seller welcomes offers with requests for buyer concessions.

    Zillow last checked: 7 hours ago

    Listing updated: December 18, 2024 at 03:48pm

    Listed by:

    Dave Krohn 617-803-4605,

    Gibson Sotheby's International Realty

    Bought with:

    Laura Potenza, 9582361

    Gibson Sotheby's International Realty

    Source: CCIMLS,MLS#: 22403693MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dishwasher, Washer, Refrigerator, Electric Range, Microwave, Dryer - Electric, Water Heater, Electric Water Heater
    Features
    • Flooring: Hardwood, Carpet
    • Number of fireplaces: 1
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,131
    • Total interior livable area: 1,131 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Stories: 1
    • Entry location: Street Level
    • Patio & porch: Deck
    • Has view: Yes
    • Has water view: Yes
    • Waterfront features: Bay
    • Body of water: Provincetown Harbor
    Lot
    • Size: 7,840 sqft
    • Features: Bike Path, Public Tennis, In Town Location, Conservation Area
    Details
    • Parcel number: 151241001
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Apartment
    Materials
    • Roof: Pitched
    Condition
    • Approximate
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Provincetown

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,268 monthly
    • Amenities included: Common Area, Maintenance Structure, Trash, Landscaping
    • Services included: Reserve Funds, Professional Property Management, Insurance, Flood Insurance

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Condo
    • Road surface type: Paved
    Services availability
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