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

PROPERTY FACTS
| No. Units | 9 | Building Size | 8,932 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 0.22/1,000 SF |
| Lot Size | 0.32 AC | ||
| Zoning | A-2 | ||
| 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
| Parcel Number | FALL-000019J-000000-000066 | Improvements Assessment | $1,145,300 |
| Land Assessment | $162,000 | Total Assessment | $1,307,300 |
PROPERTY TAXES
Listing ID: 18637173
Date on Market: 2/25/2020
Last Updated:
Address: 87 Pitman St, Fall River, MA 02723
The Downtown Fall River Multifamily Property at 87 Pitman St, Fall River, MA 02723 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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