$857,500
$950,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
72 Pitman St Fall River, MA 02723
17 Beds
8 Baths
6,648 SqFt
Key Details
Sold Price $857,500
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,648 sqft
Price per Sqft $128
MLS Listing ID 73167869
Sold Date 02/01/24
Bedrooms 17
Full Baths 8
Year Built 1900
Annual Tax Amount $6,814
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 5-9 Family
Property Description
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.
Location
State MA
County Bristol
Zoning A-3
Direction Use GPS
Rooms
Basement Partially Finished
Interior
Interior Features Office/Den, Other (See Remarks)
Flooring Hardwood
Appliance Washer/Dryer
Laundry Washer Hookup, Dryer Hookup, Washer & Dryer Hookup
Exterior
Exterior Feature Gutters, Storage Shed, Garden Area
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
View Y/N Yes
View City View(s)
Roof Type Shingle
Total Parking Spaces 2
Garage No
Building
Story 12
Foundation Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Dawn Mercer • Keller Williams South Watuppa
