NOT LISTED FOR SALE

59 Pitman St Providence, RI 02906

Fox Point Neighborhood
12 Beds
6 Baths
7,772 Sq Ft
5,000 Sq Ft Lot

Last Sold December 19, 2019

Last sale price $850,000 $109 Per Sq Ft

7 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Bathtub with Shower
  • Wood Flooring
  • Thermal Windows
  • 4-minute walk to Gano Park

About This Home

As of December 2019

Handsome four-unit Mansard Victorian located in popular Wayland Square/Fox Point. Property is in very good condition and generates fabulous income: GAI = 92K, NOI = 66K. Recent roof and mechanicals, fully fire-coded, no onsite parking.

Last Agent to Sell the Property

Rebecca Mayer

Compass License #REB.0014156 Listed on: 11/11/2019

Compass

Last Buyer's Agent

Qinglu Zhu

Coastline Realty LLC License #REC.0018933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,091

Year Built

  • Built in 1882

Lot Details

  • 5,000

Parking

  • No Garage

Home Design

  • Combination Foundation
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 7,772 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 112
  • Assessor Parcel Number 5961PITMANSTPROV

Community Details

Overview

  • 4 Units
  • Wayland Square/Fox Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Building Details

  • Operating Expense $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,091

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Subdivision Name: Wayland Square/Fox Point
  • Above Grade Finished Sq Ft: 7772.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1882
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Wood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Aluminum Siding, Clapboard, Vinyl Siding, Wood Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Individual, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 5961PITMANSTPROV
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 26000.0

Tax Info

  • Tax Annual Amount: 12091.0
  • Tax Block: n/a
  • Tax Lot: 112
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $850,000 +9.7% $109 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $775,000 -- $100 / Sq Ft
Source: State-Wide MLS

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 $20,525 $1,466,100 $445,500 $1,020,600
2024 $19,532 $1,064,400 $340,200 $724,200
2023 $19,532 $1,064,400 $340,200 $724,200
2022 $18,946 $1,064,400 $340,200 $724,200
2021 $14,645 $596,300 $225,200 $371,100
2020 $12,091 $492,300 $225,200 $267,100
2019 $12,091 $492,300 $225,200 $267,100
2018 $14,360 $449,300 $207,700 $241,600
2017 $14,360 $449,300 $207,700 $241,600
2016 $14,360 $449,300 $207,700 $241,600
2015 $13,088 $395,400 $207,700 $187,700
2014 $13,345 $395,400 $207,700 $187,700
2013 $13,345 $395,400 $207,700 $187,700
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Mayer

    Seller's Agent in 2019

    Rebecca Mayer

    Compass

    (401) 447-8040

    7 in this area

    134 Total Sales

    Rebecca Mayer
    Section Image
  • Qinglu Zhu

    Buyer's Agent in 2019

    Qinglu Zhu

    Coastline Realty LLC

    (917) 285-4007

    87 Total Sales

    Qinglu Zhu
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1241085

State-Wide MLS

APN: PROV P:0140112 L:0000

Rhode Island Providence County Providence 02906 Fox Point

59 Pitman St, Providence, RI

Not Listed for Sale

MultiFamily

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