P
Seller's Agent in 2024
Philip Rebello
revolv Real Estate
(508) 955-0999
4 in this area
57 Total Sales
72 Pitman St Fall River, MA 02723
Flint Neighborhood
17
Beds
8
Baths
6,648
Sq Ft
4,500
Sq Ft Lot
Highlights
- Medical Services
- Granite Flooring
- Community Pool
- City View
- Property is near public transit
- Tennis Courts
About This Home
As of February 2024Great 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,814
Year Built
- Built in 1900
Lot Details
- 4,500 Sq Ft Lot
- Near Conservation Area
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 6,648 Sq Ft Home
- Home Office
- City Views
- Home Security System
- Washer and Dryer
- Partially Finished Basement
Flooring
- Wood
- Granite
Bedrooms and Bathrooms
- 17 Bedrooms
- 8 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $6,225
- Assessor Parcel Number M:0J19 B:0000 L:0017,2829481
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
- Bike Trail
Building Details
- Net Operating Income $65,700
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $857,500 | -9.7% | $129 / Sq Ft |
| 11/12/2023 11/12/23 | Pending | -- | -- | -- |
| 10/07/2023 10/07/23 | For Sale | $950,000 | -- | $143 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Philip Rebello
-
Dawn Mercer
Buyer's Agent in 2024
Dawn Mercer
Keller Williams South Watuppa
(774) 488-8654
11 in this area
164 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73167869
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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