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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 6 |
| Living area | 5,544 sqft |
| Lot size | 7,748 sqft |
| Year built | 1950 |
| Price / sqft | $207 |
| County | Bristol |
| MLS # | 73496469 |
Listing status
| Days on market | 42 days |
| Listed on | April 6, 2026 |
Taxes & financials
| Annual property tax | $8,887 |
| Tax year | 2026 |
| Assessed value | $810,200 |
| Zoning | A-3 |
| Gross income (actual) | $120,646/yr |
| Net operating income (actual) | $87,719/yr |
| Total actual rent | $10,150/mo |
| Electric expense | $1,200/yr |
| Insurance expense | $4,506/yr |
Building & lot
| Stories | 5 |
| Total rooms | 27 |
| Lot size | 0.18 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive, Shared Driveway, On Street |
| Basement | Full, Concrete |
| Foundation | Block |
| Flooring | Wood, Vinyl |
Utilities & systems
| Heating | Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range |
| Appliances | Dishwasher, Microwave, Refrigerator, Oven, Disposal |
Location
More about investing in Fall River →
Listing courtesy of Horvath & Tremblay — Spencer Smith. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 62 Pitman Street, Fall River MA 02723 have?
It is a 6-unit multi-family property with 5,544 sqft of living area, built in 1950.
How long has 62 Pitman Street, Fall River MA 02723 been on the market?
62 Pitman Street, Fall River MA 02723 has been listed for 42 days (since April 6, 2026).
What is the estimated cap rate on this 6-family in Fall River?
Based on area median rents, the estimated cap rate is about 6.1%, with a Signal Score of 94/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,150,000 across 6 units, that works out to roughly $191,667 per unit.
What are the property taxes on 62 Pitman Street, Fall River MA 02723?
Annual property taxes are $8,887 (2026), on an assessed value of $810,200.
What is the price per square foot?
At $1,150,000 for 5,544 sqft, that's about $207 per square foot.
Where is this property located?
62 Pitman Street, Fall River MA 02723 is in Fall River, Bristol County, MA 02723.
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