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Sold for $1,500,000 on 10/24/23
  • $1,500,000

    118 Pitman St, Providence, RI 02906

    7beds
    3,589sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $1,821,900 Zestimate®
    $418/sqft
    $4,314 Estimated rent

    Home value

    $1,821,900

    $1.64M - $2.06M

    $4,314/mo

    Zestimate® history
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    $4,314/mo

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    $7,804/mo

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    $7,804/mo

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    What's special

    Rental Information: 6.2% cap rate. Fully rented for the next year, providing immediate income. Property Highlights: Upgraded plumbing and electric systems. Central air with dedicated zones for each unit and new boilers. Freshly installed siding and roof. Insulated walls, floors, ceiling. New appliances, including in-unit washer/dryer, new windows. Ample parking spaces available for each unit with newly paved driveway. Location Highlights: Conveniently located close to Whole Foods and East Side Market, ensuring easy access to groceries and daily essentials. Proximity to Wayland Square, offering dining, shopping, and entertainment options.

    Zillow last checked: 8 hours ago

    Listing updated: October 25, 2023 at 07:25am

    Listed by:

    Tony Berbara 781-308-7762,

    William Raveis Inspire

    Bought with:

    Michael Russo, REB.0018125

    RI Real Estate Services

    Source: StateWide MLS RI,MLS#: 1337454MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 7
    Bathroom
    • Features: Bath w Shower Stall
    Heating
    • Electric, Natural Gas, Central Air, Central
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Skylight, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors)
    • Flooring: Laminate
    • Windows: Skylight(s)
    • Basement: Full,Interior and Exterior,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,867
    • Total interior livable area: 3,589 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage
    Features
    • Stories: 3
    Lot
    • Size: 5,000 sqft
    Details
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Vinyl Siding
    • Foundation: Mixed
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
    Location
    • Region: Providence
    • Subdivision: Wayland Square

    HOA & financial

    Other financial information
    • Total actual rent: 10350

    Price history

    DateEventPrice
    10/24/2023Sold$1,500,000-6%$418/sqft
    Source: StateWide MLS RI #1337454
    8/17/2023Pending sale$1,595,000$444/sqft
    Source: StateWide MLS RI #1337454
    6/16/2023Listed for sale$1,595,000$444/sqft
    Source: StateWide MLS RI #1337454

    Public tax history

    Tax history is unavailable.

    Neighborhood: Wayland

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $1,821,900
    2% more+ $36,438
    With Zillow Showcase(estimated)
    $1,858,338