481 Commercial Street # U1 Provincetown MA 02657 MLS #22403693

481 Commercial Street # U1
Provincetown, MA, 02657
$1,295,000
1 Beds
2 Baths
1,131 SqFt
0.18 Acres
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, 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.

Property Details

Price:
$1,295,000
MLS #:
22403693
Status:
Active
Beds:
1
Baths:
2
Address:
481 Commercial Street # U1
Type:
Condo
Subtype:
Condominium
City:
Provincetown
Listed Date:
Aug 5, 2024
State:
MA
Finished Sq Ft:
1,131
Total Sq Ft:
1,131
ZIP:
02657
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1950
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Schools

Interior

Appliances
Dishwasher, Washer, Refrigerator, Electric Range, Microwave, Dryer – Electric, Water Heater, Electric Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Wall Unit(s)
Fireplaces Total
1
Flooring
Hardwood, Carpet

Exterior

Parking Features
Assigned
Roof
Pitched

Financial

HOA Fee
$1,246
HOA Frequency
Monthly
HOA Includes
Reserve Funds, Professional Property Management, Insurance, Flood Insurance
Tax Year
2024
Taxes
$6,031

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481 Commercial Street # U1
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