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87 Pitman St
Fall River, MA 02723
Multifamily Property For Sale · 9 Units

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 8,932 SF
Average Occupancy 100%
No. Stories 3
Year Built 1900
Parking Ratio 0.22/1,000 SF
Zoning A-2

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Hardwood Floors
  • Carpet
  • Vinyl Flooring

ABOUT 87 PITMAN ST , FALL RIVER, MA 02723

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.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 5 $775.00 -
2+1 22 $492.50 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FALL-000019J-000000-000066
Land Assessment
$162,000
Improvements Assessment
$1,145,300
Total Assessment
$1,307,300
  • Listing ID: 18637173

  • Date on Market: 2/25/2020

  • Last Updated:

  • Address: 87 Pitman St, Fall River, MA 02723

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