40 Centre St, Unit C

537 Sq. Ft.
$3,454 / Sq. Ft.
537
Sq. Ft.
$3,454
per Sq. Ft.

Description

Welcome to Centerloft — a beautifully renovated one-bedroom, one-bathroom condo located just steps from Main Street in the heart of downtown Nantucket. This turnkey pied-à-terre offers a rare combination of style, comfort, and convenience, complete with a dedicated parking space and a proven, high-performing rental history. The property has generated $90,000–$100,000 in annual rental income since 2018 through a combination of short-term and year-round tenants, making it an attractive investment as...Welcome to Centerloft — a beautifully renovated one-bedroom, one-bathroom condo located just steps from Main Street in the heart of downtown Nantucket. This turnkey pied-à-terre offers a rare combination of style, comfort, and convenience, complete with a dedicated parking space and a proven, high-performing rental history. The property has generated $90,000–$100,000 in annual rental income since 2018 through a combination of short-term and year-round tenants, making it an attractive investment as well as a charming retreat. Offered fully furnished and move-in ready, Centerloft includes everything from designer furnishings and linens to dishes, cookware, and flatware — truly a turnkey opportunity. Situated in a charming four-unit building, Centerloft is perched above the bustle of town, offering peace and privacy without sacrificing proximity to world-class dining, shopping, and cultural attractions. The thoughtfully designed interior features 9’ ceilings, big windows, and curated decor throughout. The open living area includes a luxurious king bedroom, queen pullout for guests, a fully equipped kitchen with marble countertops, and a dining area. A full bathroom with tub/shower features a built-in medicine cabinet, marble floor and countertop, and high-end fixtures. Modern amenities include mini-split AC, private in-unit laundry, a smart TV, and high-speed internet. Step outside to a charming landscaped common area with small patio grill.
  1. Listed by Melanie Gowen • William Raveis Nantucket

Property Details for 40 Centre Street, Unit C

Zoning
CDT
View
Twn
LISTING UPDATED: 11/03/2025 05:32 PM

Property Details for 40 Centre Street, Unit C

StatusClosed
MLS #85845
Days on Market2
Taxes$3,365 / year
HOA Fees$10,921 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo / Condominium
Year Built1925
CountyNantucket County

Location

Listing Courtesy of William Raveis Nantucket, Melanie Gowen

Sold By Maury People Sotheby's International Realty, Chandra Miller

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Building Information for 40 Centre Street, Unit C

Building/Complex40 Centre StFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built1925

Payment Calculator

$10,231 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,041

Property Taxes

$280

HOA Dues

$910

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Centre Street, Unit C

Summary
Location and General Information
  • Latitude: 41.2845808
  • Longitude: -70.1005325
  • MLS Area Major: Town
Taxes and HOA Information
  • Association Fee Includes: Building insurance, rubbish removal, fuel oil, water & sewer costs, caretaking repairs and maintenance of common areas.
  • Tax Assessed Value: $998,800.00
  • Tax Lot: 0
  • Tax Map Number: 4131
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
Parking
  • Parking Features: Deeded parking space
Property
Lot Information
  • Lot Features: small common area
  • Property Type: Condo
Property and Assessments
  • Parcel Number: 64/2
  • Photos Count: 24
  • Deed No: 1944
  • Approval Status: -1
  • Reviewed: Yes
  • Year Built Effective: 2017
Utilities
  • Sewer: Twn
  • Utilities: Cbl
  • Water Source: Town
Interior and Exterior Features
Exterior Features
  • Basement: Crawl space with modest unfinished storage and furnace.
Interior Features
  • Foundation Details: Cement
  • Other Structures: Easy access to assigned parking space # 1
  • Rooms Total: 3
  • Appliances: Stove: Yes, Washer: Yes
  • Fireplace: No
  • Flooring: Wood
  • Furnished: Furnished
  • Heating: OFHW
  • Interior Features: AC,Disp,Ins, Floor 1: Private entrance with interior stairway leading to second floor., Floor 2: Spacious bedroom, living room, kitchen/dining, full bathroom, and laundry area.

Property History for 40 Centre Street, Unit C

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Sold

NANTUCKET_LINK #85845

$1,855,000
Jun 20, 2025

Under Agreement

NANTUCKET_LINK #85845

Jun 20, 2025

Contingent

NANTUCKET_LINK #85845

Jun 18, 2025

Listed (Active)

NANTUCKET_LINK #85845

$1,855,000
Oct 18, 2016

Sold (Public Record)

Public Record #581799837

$649,000

+4.9% / yr

Oct 7, 1999

Sold (Public Record)

Public Record #88283643

$287,000

+28.0% / yr

Nov 17, 1994

Sold (Public Record)

Public Record #88270817

$86,000

+15.6% / yr

Aug 27, 1993

Sold (Public Record)

Public Record #88271241

$72,000
DateEvent & SourcePrice
10/31/2025

Sold

NANTUCKET_LINK #85845

$1,855,000
06/20/2025

Under Agreement

NANTUCKET_LINK #85845

06/20/2025

Contingent

NANTUCKET_LINK #85845

06/18/2025

Listed (Active)

NANTUCKET_LINK #85845

$1,855,000
10/18/2016

Sold (Public Record)

Public Record #581799837

$649,000

+4.9% / yr

10/07/1999

Sold (Public Record)

Public Record #88283643

$287,000

+28.0% / yr

11/17/1994

Sold (Public Record)

Public Record #88270817

$86,000

+15.6% / yr

08/27/1993

Sold (Public Record)

Public Record #88271241

$72,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Centre Street, Unit C

Taxable ValueLand-Additions$998,800Total-
Tax Record2025$3,276 ($273 / month)
Home Facts
Beds1Baths1Total Finished SqFt470 SqFtAbove Grade Finished SqFt470 SqFtStories1StyleCondominiumYear Built1925ZoningCDTCountyNANTUCKETAPNNANT M:04231 P:00064-2

Schools near 40 Centre Street, Unit C

This home is within Nantucket School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Nantucket Elementary School
PublicPK to 2

Cyrus Peirce Middle School
Public6 to 8

Nantucket High School
Public9 to 12

Nantucket Intermediate School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis Nantucket, Melanie Gowen

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.