481 Commercial Street #Unit 1 Provincetown, MA

$1,195,000
Beds 1
Baths 2
Square Feet 1,131
Photo of 481 Commercial Street Provincetown MA 02657




Description

FREE-STANDING, WATERFRONT COTTAGEThis rarely available, free-standing, waterfront cottage is located in Provincetown’s East End Gallery District. The 1,131 SF condo provides 1 BR, large den, 2 full baths, gas fireplace, 1 parking, in-unit washer & dryer, 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.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.Pets allowed. Offered furnished.The 2023 net rental income was $42K and expect $50K in 2024. Seller welcomes offers with requests for buyer concessions.


Listed by Gibson Sotheby's International Realty, David Krohn

Details

MLS 73228148
Status Pending
Price $1,195,000
DOM 236 days
Type Condo/Villa
Beds 1
Total Baths 2 full baths
Square Feet 1,131 sqft
Year Built 1950
Assoc Fee $1,268

Lot & Building Features

Appliances Dishwasher, Washer, Refrigerator, Range, Microwave, Freezer, Dryer
Cooling Ductless, Wall Unit(s)
Heating Electric, Wall Furnace, Propane, Electric Baseboard
Sewer Public Sewer
Tax Year 2024
Taxes Paid $6,031
Water Public
Exterior Features Deck - Wood
Roof Rubber
Full Baths 2
Parking Assigned
Total Rooms 3
Basement Feature N
Garage Spaces 0
Fireplaces 1
Assoc Fee $1,268
Waterfront 0 to 1/10 Mile To Beach, Waterfront, Harbor, Direct Access, Beach Front, Bay
Waterview Bay, Ocean, Harbor

Room Details

Entry 1st floor

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.