40 Center St Unit C Nantucket, MA 02554
Estimated payment $11,435/month
Total Views
676
1
Bed
1
Bath
537
Sq Ft
$3,454
Price per Sq Ft
About This Home
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-a-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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,364
Year Built
- Built in 1925
HOA Fees
- $910 Monthly HOA Fees
Interior Spaces
- 537 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Cable TV Available
Community Details
- Association fees include building insurance, rubbish removal, fuel oil, water & sewer costs, caretaking repairs and maintenance of common areas.
Listing and Financial Details
- Assessor Parcel Number 64/2
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,276 | $998,800 | $0 | $998,800 |
| 2023 | $2,500 | $778,800 | $0 | $778,800 |
| 2022 | $2,648 | $708,000 | $0 | $708,000 |
| 2021 | $2,570 | $708,000 | $0 | $708,000 |
| 2020 | $2,443 | $708,000 | $0 | $708,000 |
| 2019 | $2,379 | $708,000 | $0 | $708,000 |
| 2018 | $2,235 | $619,500 | $0 | $619,500 |
| 2017 | $1,563 | $461,000 | $0 | $461,000 |
| 2016 | $1,510 | $449,500 | $0 | $449,500 |
| 2015 | $1,523 | $422,000 | $0 | $422,000 |
| 2014 | $1,587 | $422,000 | $0 | $422,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $1,855,000 | +185.8% | $3,454 / Sq Ft |
| 10/18/2016 10/18/16 | Sold | $649,000 | 0.0% | $649,000 / Sq Ft |
| 09/18/2016 09/18/16 | Pending | -- | -- | -- |
| 07/22/2016 07/22/16 | For Sale | $649,000 | -- | $649,000 / Sq Ft |
Source: LINK
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | $287,000 | -- | |
| Deed | $130,000 | -- | |
| Deed | $86,000 | -- | |
| Deed | $72,000 | -- | |
| Foreclosure Deed | $52,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $519,200 | New Conventional | |
| Previous Owner | $480,000 | No Value Available | |
| Previous Owner | $200,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Nantucket, MA
Source: LINK
MLS Number: 85845
APN: NANT-004-231-000-000-0000-64-000-002
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