$1,150,000
$50K PRICE DROP

Estimated payment $6,971/month

Total Views 8,176
21 Beds
6 Baths
5,544 Sq Ft
$207 Price per Sq Ft

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Park
  • Wood Flooring
  • Living Room
  • Dining Room

About This Home

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 62 Pitman Street in Fall River, MA. The three-story building contains three (3) 4-Bedroom/1-Bathroom units and three (3) 3-Bedroom/1-Bathroom units with 5,544 square feet of gross living area in 7,748 square feet of gross area.The Property is situated upon a 0.10-acre parcel and features on-street parking.Unit 62-1R 3BD 1BA $1,500 TAW Unit 62-2R 3BD 1BA $1,600 TAW Unit 62-3R 3BD 1BA $1,800 TAW Unit 66-1F 4BD 1BA $1,750 TAW Unit 66-2F 4BD 1BA $1,750 TAW Unit 66-3F 4BD1 BA $1,750 TAW. Gross potential rent of $11,400.

Listing Agent

Spencer Smith

Horvath & Tremblay Listed on: 04/06/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,887

Year Built

  • Built in 1950

Home Design

  • Block Foundation

Interior Spaces

  • 5,544 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 6 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Shared Driveway
  • On-Street Parking
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 7,748 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Recreation

  • Park

Building Details

  • Electric Expense $1,200
  • Insurance Expense $4,506
  • Water Sewer Expense $5,744
  • Operating Expense $32,927
  • Net Operating Income $87,719

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,887

Year Built

Built in 1950

Lot Details

7,748 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1950
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood, Vinyl
  • Interior Amenities: Laundry Room, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Dishwasher, Microwave, Refrigerator, Oven, Disposal
  • Total Bedrooms: 21
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Concrete
  • Above Grade Finished Sq Ft: 5544
  • Living Area: 5544
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN2723

Exterior Features

  • Foundation Details: Block
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 5744

Lot Info

  • Zoning: A-3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7748
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 8887

Multi Family

  • Electric Expense: 1200
  • Insurance Expense: 4506
  • Net Operating Income: 87719
  • Number Of Units Total: 6
  • Operating Expense: 32927
  • Total Actual Rent: 10150
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2026 05/06/26 Price Changed $1,150,000 -4.2% $207 / Sq Ft
04/06/2026 04/06/26 For Sale $1,200,000 +370.6% $216 / Sq Ft
03/01/2014 03/01/14 Sold $255,000 -7.3% $46 / Sq Ft View Prior Sale
01/30/2014 01/30/14 Pending -- -- --
10/11/2013 10/11/13 For Sale $275,000 -- $50 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73496469

MLS Property Information Network (MLS PIN)
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