62 Pitman Street, Fall River MA 02723
Fall River, MA 02723
$1,000,000
Est. $5,997/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 3, 2026
$1,000,000
Original listing
Agent: Spencer Smith
Office: Horvath & Tremblay
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/03/2026 | 🏠 Listed for Sale | $1,000,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $8,887 | $810,200 |
Financial Details
Annual Property Tax
$8,887
Tax Year 2026
Assessed Value
$810,200
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1950
Living Area
5,544 sq ft
Lot Size
0.18 acres
Stories
5
Bedrooms
21
Full Baths
6
Total Rooms
27
Investment Metrics
Units
6
Unit 1 Rent
$1,500/mo · N
Unit 2 Rent
$1,600/mo · N
Unit 3 Rent
$1,800/mo · N
Unit 4 Rent
$1,750/mo
Total Monthly Rent
$6,650/mo
Gross Income
$120,646
Net Operating Income
$87,719
Operating Expenses
$32,927
Water/Sewer Expense
$5,744
Electric Expense
$1,200
Insurance Expense
$4,506
Cap Rate
8.77%
Interior
Heating
Natural Gas
Cooling
Window Unit(s)
Flooring
Wood, Vinyl
Appliances
Dishwasher, Microwave, Refrigerator, Oven, Disposal
Fireplace
None
Basement
Full, Concrete
Laundry
None
Features
Laundry Room, Living Room, Dining Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Shared Driveway, On Street
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range
Financial
Annual Tax
$8,887
Assessed Value
$810,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
147 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1950
Bedrooms
21
Full Bathrooms
6
Living Area
5,544 sq ft
Total Rooms
27
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,544 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Vinyl
Appliances:
Dishwasher, Microwave, Refrigerator, Oven, Disposal
Interior Features:
Laundry Room, Living Room, Dining Room, Kitchen
Windows:
Basement:
Full, Concrete
Laundry:
Security:
Construction & Materials
Year Built:
1950
Structure Type:
Exterior Materials:
Roof:
Foundation:
Block
Stories:
5
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Paved Drive, Shared Driveway, On Street
Nearby Schools
School District
Fall River School District local
C-
School Safety
2024-25
8.4%
Above Average
8.4%
Suspensions
2.1%
In-School
2.9% above state avg
Elementary Schools
3 schools
Espirito Santo School
0.2 mi
Grades PK-08
C
Samuel Watson School
0.2 mi
|
#645 of 825
|
Score: 38.5
Improved 125 spots from last year
-19.7 below state avg
321 students
Very Diverse
Rising School
Diverse Student Body
Grades K-05
South Coast Autism Center
0.5 mi
Grades PK-01
Middle Schools
3 schools
C-
Talbot Innovation School
0.6 mi
|
#309 of 352
|
Score: 30.9
Dropped 25 spots from last year
-27.3 below state avg
595 students
Very Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
2.3 mi
|
#294 of 352
|
Score: 32.2
Improved 44 spots from last year
-26 below state avg
672 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
D
Matthew J Kuss Middle School
2.6 mi
|
#334 of 352
|
Score: 27.0
Improved 1 spots from last year
-31.2 below state avg
676 students
Very Diverse
Diverse Student Body
Grades 06-08
High Schools
3 schools
C
Diman Regional Vocational Technical High School
1.0 mi
|
#249 of 346
|
Score: 47.2
Dropped 88 spots from last year
-11 below state avg
1,479 students
Moderate
13 sports
• 1,408 athletes
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Strong Attendance
Grades 09-12
C
Argosy Collegiate Charter School
1.6 mi
|
#264 of 346
|
Score: 46.1
Dropped 9 spots from last year
-12.1 below state avg
604 students
Diverse
7 sports
• 126 athletes
Early College Program
College Ready Curriculum
Diverse Student Body
Grades 06-12
F
Resiliency Preparatory Academy
1.7 mi
|
#393 of 346
|
Score: 16.3
Same rank as last year
151 students
Very Diverse
Diverse Student Body
Grades 07-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$741
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
62 Pitman Street, Fall River MA 02723
Fall River, MA 02723
Listing Information
Listing Agent
Spencer Smith
Listing Office
Horvath & Tremblay
Office Phone
781-776-4000
Agent MLS ID
CN247171
Office MLS ID
AN2723
Listing Data Updated
Aug 7, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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