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.
Sold for $857,500
$857,500
72 Pitman St, Fall River, MA 02723
17beds
6,648sqft
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$129/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: February 01, 2024 at 10:13am
Listed by:
Philip Rebello 508-955-0999,
revolv Real Estate 508-644-8995
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
- Included: Washer/Dryer
- Laundry: Washer Hookup, Dryer Hookup, Washer & Dryer Hookup
Features
- Office/Den
- 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
- Uncovered spaces: 2
Features
- Exterior features: Rain Gutters, Garden
- Has view: Yes
- View description: City View(s)
Lot
- Size: 4,500 sqft
Details
- Additional structures: Shed(s)
- 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
Price history
| Date | Event | Price |
|---|---|---|
| 2/1/2024 | Sold | $857,500-9.7%$129/sqft |
Source: MLS PIN #73167869 Report a problem | ||
| 11/13/2023 | Contingent | $950,000$143/sqft |
Source: MLS PIN #73167869 Report a problem | ||
| 10/7/2023 | Listed for sale | $950,000$143/sqft |
Source: MLS PIN #73167869 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Merchants
Nearby schools
GreatSchools rating
- 5/10Samuel Watson Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Talbot Innovation SchoolGrades: 6-8Distance: 0.6 mi
- 2/10B M C Durfee High SchoolGrades: 9-12Distance: 2 mi
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