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  • $857,500

    72 Pitman St, Fall River, MA 02723

    17beds
    6,648sqft
    5-9 Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $129/sqft
    $-- HOA

    What's special

    Great opportunity to own a very well-maintained 6 unit with the possibility to add more units in the future (potential total of up to 8 units). Many updates have been completed on this building including a replaced roof (including plywood) in 2016, PVC replacement plumbing, a fully insulated attic, oak hardwoods throughout, as well as many updates to the units themselves. Additional features include coin-operated washers and dryers as well as a full video surveillance system. Two out of the four units are serviced by forced air heating systems - the rest of the units utilize efficient hydroponic electric baseboard heaters. This property can achieve an 8%+ cap rate based on current market rents (currently $1,600/1,100/950/925/900/750). A current and stabilized pro forma analysis can be provided upon request. Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed. Professional photos/media to follow.

    Zillow last checked: 7 hours ago

    Listing updated: February 01, 2024 at 10:13am

    Listed by:

    Philip Rebello,

    revolv Real Estate

    Bought with:

    Dawn Mercer

    Keller Williams South Watuppa

    Source: MLS PIN,MLS#: 73167869

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 8
    • Full bathrooms: 8
    Appliances
    • Laundry: Washer Hookup
    Features
    • Flooring: Hardwood
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 6,648
    • Total interior livable area: 6,648 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    Features
    • Has view: Yes
    • View description: City View(s)
    Lot
    • Size: 4,500 sqft
    Details
    • Parcel number: M:0J19 B:0000 L:0017,2829481
    • Zoning: A-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Frame
    • Foundation: Granite
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security System
    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
    Location
    • Region: Fall River

    HOA & financial

    Other financial information
    • Total actual rent: 6225
    Services availability
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