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87-99 Pitman St, Fall River, MA 02723

$1,040,000

Last sold 02/29/2020 for $879K

21
bed
10
bath
8,932
Sqft ($98/Sqft)

Multi-family not for sale

About 87-99 Pitman St

Property type Multi-family

Neighborhood

Year built 1900

HOA fee $0/month

Lot size 0.32 Acre

Movoto estimate

Parking 1 garage spaces

Property description

Great Investment opportunity on this 9 unit property consisting of 2 buildings and additional lot. 3 Unit with (2) 3 Bedrooms (1) 2 Bedroom and the other a 6 unit building consisting of (5) 2 Bedrooms & (1) 3 Bedroom. Both properties have been remodeled throughout the years which include but are not limited to plumbing, electrical, flooring, kitchens, baths, vinyl, windows, roof, and heating systems. All units are separately metered (Gas & Electric). This property has been owner occupied for over 30 years and shows pride of ownership throughout. Fully rented with rents all below market rates. 1 detached garage with driveway and outside patio with grape vine and garden. This potential money maker awaits you! Current NOI= $53,944 Potential NOI=$90,284+. All information deemed reliable but not guaranteed. Buyer/Buyer Agent to verify all information contained herein.

Listed by

Listing Agent - Nelly Silva

Listing Office - Paiva Real Estate Services, LLC

Source: MLS Property Information Network, Inc.

MLS#72623188 • last updated 6 years ago

Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago

Overview
Cooling/AC	Ductless, None
Heating	Baseboard, Natural Gas, Space Heater
Levels/Style	5, 5
MLS #	72623188
Type	Residential Income
Status	Closed
SubType	5-9 Family
SqFt	8932
Lot Size (SqFt)	13908
Lot Size (Acres)	0.32
Annual Property Tax	7466.32
Year Built	1900

Interior
Total # of Bathrooms	10
# Full Baths	10
Total # of Bedrooms	21
Basement	Full, Partially Finished, Dirt Floor, Concrete
Total # of Rooms	48
Laundry	Electric Dryer Hookup
Flooring	Tile, Carpet, Varies, Laminate, Hardwood, Wood
Appliances	Range, Dishwasher, Microwave, Refrigerator
Interior Features	Laundry Room, Storage, Upgraded Cabinets, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Living Room, Dining Room, Kitchen

Exterior
Foundation	Granite
Roof	Asphalt/Composition Shingles
Construction	Frame
# Covered Spaces	1
Parking Desc	Paved Drive, Off Street, On Street, Driveway, Paved
# Parking Spaces	3
# Garage Spaces	1
Exterior Features	Balcony/Deck, Rain Gutters, Garden
Patio/ Porch	Deck - Wood, Patio
Fencing	Fenced/Enclosed, Fenced
Lot Desc	Cleared

Amenities / Utilities
Sewer	Public Sewer
Utilities	For Gas Range, for Gas Oven, for Electric Dryer, Varies Per Unit
Electricity	110 Volts, Circuit Breakers, 60 Amps/Less, 100 Amp Service, Common, Individually Metered, Varies Per Unit
Water Source	Public
Spa Desc	Bath

Location
County	Bristol
Community Features	Public Transportation, Highway Access
Zoning	A-3
Directions	Webster St. To Pitman St.

Multifamily Details
Rent Includes	Unit 1(Other (See Remarks)), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Net Operating Income	53944
Operating Expense	7849
Total Actual Rent	5770
Financial Data Source	Owner
Gross Income	69240