481 Commercial Street, Unit U1

Provincetown, MA 02657

$1,495,000
Price
1
Beds
2
Baths
1,131 Sq. Ft.
$1,322 / Sq. Ft.
1,131
Sq. Ft.
$1,322
per Sq. Ft.

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....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.
  1. Listed by Dave Krohn • Gibson Sotheby's International Realty

Property Details for 481 Commercial Street, Unit U1

Village
Provincetown
Waterfront Type
Bay/Harbor
Waterview Type
Bay/Harbor
Waterfront
Yes
Waterview
Yes
FEMA 100 Yr Flood Plain
X
Town
Provincetown
Type of Condo
Detached

Location

Listing Courtesy of Gibson Sotheby's International Realty, Dave Krohn
Add your commute
LISTING UPDATED: 05/13/2024 02:39 AM

Property Details for 481 Commercial Street, Unit U1

StatusActive
MLS #22401658
Days on Market29
Taxes$6,031 / year
HOA Fees$1,246 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condominium / Condominium
Year Built1950
CountyBarnstable County

Location

Listing Courtesy of Gibson Sotheby's International Realty, Dave Krohn
Add your commute

Building Information for 481 Commercial Street, Unit U1

Building/Complex481 Commercial StFloor-Stories1Residences6Pet PolicyAllowedYear Built1950

Payment Calculator

$9,907 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,159

Property Taxes

$503

HOA Dues

$1,246

The Payment Calculator is for illustrative purposes only.

Property Information for 481 Commercial Street, Unit U1

Summary
Location and General Information
  • Directions to Property: Commercial Street between Howland St. and Cook St. on the water side.
  • Title Reference - Book: 34548
  • SqFt Source: Public Records
  • Convenient To:Bike Path: Yes
  • Convenient To:Conservation Area: Yes
  • Convenient To:In Town Location: Yes
  • Convenient To:Public Tennis: Yes
  • Convenient To:Convenient to Water Body 1: Herring Cove
  • Convenient To:Convenient to Water Body 2: Race Point
  • Region: Outer Cape
  • County: Barnstable
  • City Postal ID: 02657
  • Street Number: 481
  • Complex Name: Other
  • Direction Faces: East
  • Water Body Name: Provincetown Harbor
  • MLSAreaMajor: Provincetown
  • General Property Info:Water Body: Provincetown Harbor
Parking
  • Garage: No
  • Parking Description:Assigned Spaces: Yes
Taxes and HOA Information
  • Tax Year: 2024
  • Association: Yes
  • Membership Required: Yes
  • Association Fee Incl: Heat, Water, Flood Insurance, Master Property Insurance, Maintenance Grounds, Professional Property Management, Reserve Funds
  • Management:Pro Off Site: Yes
  • Annual Assoc Fee: $1,246
  • Association Fee Frequency: Monthly
  • AssociationYN: Yes
  • Annual Taxes: $6,031
  • General Property Info:Fee Amount: $1,246
  • General Property Info:Fee Frequency: Monthly
Virtual Tour
  • Virtual Tour YN: No
Property
Lot Information
  • Zoning: R3
  • Tax ID: 15-1-24-1-001
  • Lot Size Source: Field Card
  • Land Use: 102 - Condominium
  • Lot Size Square Feet: 7841
  • Sqft Total: 1131
  • Field Card SqFt: 1131
  • Lot Size Units: Acres
  • General Property Info:Leased Land: No
Property and Assessments
  • Total Assessment: $1,081,000
  • Land Assessments: $0
  • Building Assessments: $1,081,000
  • Other Assessments: $0
  • Renovated: No
  • Flood Ins Required: No
  • Complex Completed: Yes
  • Lead Base Paint: Unknown
  • Asbestos: Unknown
  • Ownership: Condo
  • Condo Type:Flat: Yes
  • Year Round: Yes
  • Max Num Of Units in Complex: 6
  • Unit Placement:Freestanding: Yes
  • Unit Placement:Street Level: Yes
  • Year Built Desc:Approximate: Yes
  • Property Type: Residential, Condo
  • Property Subtypes: Condominium
  • Year Built Numeric: 1950
  • Property Type: Residential
Utilities
  • Cooling: Fixed Wall System
  • Fuel Type:Electric: Yes
  • Fuel Type:Propane Gas: Yes
  • Hot Water:Tank: Yes
  • Hot Water Source:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Water:Town Water: Yes
  • Water Source: Town Water
Interior and Exterior Features
Exterior Features
  • Miles to Beach: 0 - .1
  • Private Dock: No
  • Appliances:Dishwasher: Yes
  • Appliances:Dryer - Electric: Yes
  • Appliances:Microwave: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Private Dock Description: Electric
  • Roof Description: Pitched
  • Waterfront Desc: Bay, Harbor, Salt, Beach Front
  • Waterfront Description: East
  • Private Pool YN: No
Interior Features
  • Floors: Hardwood, Carpet
  • Heating: Electric, Propane
  • Basement: No
  • Fireplace: Yes
  • Sep Living Qtrs Info: Beds: 0
  • Total Rooms: 3
  • Baths Total: 2
  • Baths Full: 2
  • Baths Half: 0
  • Bedrooms Total: 1
  • Total Floor Plans Count: 0
  • RoomsTotal: 3
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling: Yes
  • Fireplaces Total: 1
  • Heating: Yes
  • Stories: 1
  • General Property Info:Stories: 1
Other Room 1
  • Other Room 1:Room Type: Den
Rental
Rental Information
  • Pets Allowed: Yes
  • Pets Allowed:Yes: Yes

Property History for 481 Commercial Street, Unit U1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 481 Commercial Street, Unit U1

This home is within Provincetown School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Provincetown Schools
PublicPK to 8

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.

Similar Homes

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481 Commercial Street, Unit U1 is a condo for sale in Provincetown, MA 02657. This property was listed for sale on April 21, 2024 by Gibson Sotheby's International Realty, it's currently listed at $1,495,000. This listing's school district is Provincetown School District. Nearby schools include Provincetown Schools. 481 Commercial Street, Unit U1 is a 1-bed, 2-bath, 1,131 sqft condo built in 1950.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Gibson Sotheby's International Realty, Dave Krohn

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