62 Pitman St, Fall River, MA 02723
Multi-family property in Fall River with six units.
- Added:
- Apr 24, 2026
- Days on Market:
- 63
- Last Refresh:
- Apr 24 at 4:41 pm
Property Features for 62 Pitman St
General Information
- Standard status
- Active
- Size
- 5,544 SF
- Lot size
- 0.10 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1950
Listing office Horvath & Tremblay (617) 688-9909
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
HighLights
- Very Walkable location (Walk Score of 89)
- Multi‑family investment property with six units
- Mix of 4‑Bedroom/1‑Bathroom and 3‑Bedroom/1‑Bathroom units
- Gross living area of 5,544 square feet
- Located at 62 Pitman Street in Fall River, MA
- Bikeable location (Bike Score of 63)
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $179.6k | $32.40 |
| − Vacancy | −$12.2k | −$2.20 |
| EGI | $167.4k | $30.20 |
| − OpEx | −$75.3k | −$13.59 |
| NOI | $92.1k | $16.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fall River
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.1317706
- Latitude
- 41.6866397
