Movoto Real Estate
Sold on 11/12/2023

72 Pitman St, Fall River, MA 02723

$1,008,933

Last sold 11/12/2023 for $857K

  • 17

    bed

  • 8

    bath

  • 6,648

    Sqft ($129/Sqft)

Multi-family not for sale

About 72 Pitman St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 4,500 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Philip Rebello
Listing Office - revolv Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#73167869 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 8 minutes ago
Overview
Levels/Style 5, 5
MLS # 73167869
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 6648
Lot Size (SqFt) 4500
Lot Size (Acres) 0.1
Annual Property Tax 6814
Year Built 1900
Interior
Total # of Bathrooms 8
# Full Baths 8
Total # of Bedrooms 17
Basement Partially Finished
Total # of Rooms 33
Laundry Washer Hookup, Dryer Hookup, Washer & Dryer Hookup
Flooring Hardwood
Appliances Washer/Dryer
Interior Features Office/Den
Exterior
Foundation Granite
Roof Shingle
Construction Frame
Parking Desc Off Street
# Parking Spaces 2
Exterior Features Rain Gutters, Garden
Other Structures Shed(s)
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
View City View(s)
County Bristol
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
Zoning A-3
APN M:0J19 B:0000 L:0017, 2829481
Directions Use GPS
Multifamily Details
Net Operating Income 65700
Total Actual Rent 6225
Gross Income 65700
Lot/ Land Details
Road Frontage Public
$1M
Range: $908K-$1.1M
Last 30 days 
  • Feb 2024
    mls logo MLS # 73167869
  • Feb 1, 2024 Sold
    $857,500 (-9.7%)
  • Nov 13, 2023 Active
    —
  • Oct 7, 2023 Listed
    $950,000
  • 72 Pitman St
    $857K
  • Flint
    $466K +19% y/y
  • 02723
    $324K -13% y/y
  • Fall River
    $449K +7% y/y
No chart available
Statistics calculated by Movoto

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3/10
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Source: GreatSchools.org © 2026. All rights reserved.

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  • 72 Pitman St
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