$1,495,000
1 Bed
2 Bath
1,131 Sqft Building
7,841 Sqft Lot

481 Commercial Street # U1, Provincetown, Massachusetts 02657

  • Residential Property Type
  • 1321.84 Price/Sqft
  • 1950 Year Built

Property Description

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 overlooking the Provincetown harbor and an excellent rental history, making it an ideal getaway home or investment.The recently upgraded kitchen with generous cabinets extends into the open living & dining area with a fireplace and water views. The large den has a privacy curtain and 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.Even with a partial year availability, the 2023 net rental income was $52K.

Basic Details

CCIMLS
$1,495,000
$6,031
2024
Residential
For Sale
1
2
2
3
1950
1,131 Sqft
7,841 Sqft
Active
Condominium
22401658
Gibson Sotheby's International Realty
Dave Krohn

Features

: Wall Unit(s)
: Deck
: Water Heater, Dishwasher, Dryer - Electric, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
1
: Carpet, Hardwood
: Bike Path, Conservation Area, In Town Location, Public Tennis
: Assigned
: Pitched
: Public Sewer
Yes
Bay/Harbor
0 - .1
: Salt, Harbor, Beach Front, Bay

Additional Information

: Landscaping, Maintenance Structure
$1,246
Monthly
: Insurance, Professional Property Management, Flood Insurance, Reserve Funds
: Approximate
: Public
: Standard
: Flat
: Public
R3
No
12
05/03/2024

Address Map

481 Commercial Street # U1
MA
Barnstable
Provincetown
Provincetown
02657
Other
0
W71° 49' 19.2''
N42° 3' 24.5''
Commercial Street between Howland St. and Cook St. on the water side.
Property