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Active Under Contract

247 Pitman St, Fall River MA 02723

$699,000

Estimated $1,281.76/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,500

Total Rent: 60000/year

Estimated CAP Rate: 8.33%

3 Bedrooms

2 Full, 1 Half Baths

3,000 SqFt

Total Parking: 0

3,598 SqFt

Step into this completely renovated multi-family property offering modern finishes and style throughout. With approximately 3,000 sq ft of living space, this versatile duplex includes a legal in-law apartment, perfect for extended family, guests, or added rental income. Everything is brand new, inside and out. The property was taken down to the studs and rebuilt with quality in mind, including new siding, roof, electrical, plumbing, heat, A/C, doors, windows, floors, lighting and spray foam insulation for optimal energy efficiency. Both units feature stylish kitchens with brand-new cabinets, large quartz islands, and stainless-steel appliances. Bathrooms are finished with tiled floors, glass showers, and modern vanities. Enjoy outdoor living with a freshly sodded backyard, front porch, and rear deck. Unit 1 includes the legal in-law unit, which connects via a spiral staircase and also has a separate walk-out entrance to the backyard.

This home has been viewed 4 times

Last Checked: June 17th, 2025 at 9:48am (Source: MLS PIN #73386625)

Gross Income: $60,000

Gross Expenses: $1,780

Net Income Calc: $58,220

CAP Rate: 8.33%

Annual Expenses for 247 Pitman St, Fall River MA 02723

Total Gross Expenses (Calculated)$1,780/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$1,780

Annual Income & Unit Breakdown for 247 Pitman St, Fall River MA 02723

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$2,500

LeaseN

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 2

Rental Income$2,500

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 247 Pitman St, Fall River MA 02723

Listing ID73386625

Property TypeMulti Family / 2 Family

Price$699,000 ($233/SqFt)

Style2 Family - 2 Units Up/down

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total3,000 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking0

Garage Parking

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor SpaceCovered, Deck - Vinyl, Porch

ZoningN/A

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Ownership(other (see Remarks))

Energy FeaturesInsulated Windows

Terms

Disclosures for 247 Pitman St, Fall River MA 02723

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosurebuyer to verify all measurements

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$60,000

Total Net Income By Broker$60,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 247 Pitman St, Fall River MA 02723

Real Estate Taxes$1,780

Tax Year2025

Assessed Value$155,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$60,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$60,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.33%

Location Information for 247 Pitman St, Fall River MA 02723

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, Sidewalks

Contact Information for 247 Pitman St, Fall River MA 02723

Agent

Name: Patrick Ryan

MLS ID: CN207069

Office ID: AN7226

National Association ID: 455023503

Address: 10 Cushman Street

City: Plymouth

State: MA

Zip: 02360

Office

Name: Ryan Realty Group LLC

MLS Office ID: AN7226

Phone: 774-283-1355

Payment Calculator

, Interest

Property Taxes 148.33

Principal & Interest 4307.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Ryan Realty Group LLC

Patrick Ryan

Agent Phone

Office Phone

(774) 283-1355

Text Agent Call Agent Call Office

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                    [modified] => 2025-06-17 09:48:19
                )

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                )

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                )

[21] => Array
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                    [index] => 22
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                    [modified] => 2025-06-17 09:48:19
                )

[22] => Array
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                    [index] => 23
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                    [modified] => 2025-06-17 09:48:19
                )

[23] => Array
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                    [index] => 24
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                    [modified] => 2025-06-17 09:48:19
                )

[24] => Array
                (
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                    [index] => 25
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                    [modified] => 2025-06-17 09:48:19
                )

[25] => Array
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                    [index] => 26
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                    [modified] => 2025-06-17 09:48:19
                )

[26] => Array
                (
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                    [index] => 27
                    [enabled] => 1
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                    [modified] => 2025-06-17 09:48:19
                )

[27] => Array
                (
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                    [modified] => 2025-06-17 09:48:19
                )

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                    [index] => 29
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                    [modified] => 2025-06-17 09:48:19
                )

[29] => Array
                (
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                    [index] => 30
                    [enabled] => 1
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                    [modified] => 2025-06-17 09:48:19
                )

[30] => Array
                (
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                    [name] => MLS31.jpg
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                    [index] => 31
                    [enabled] => 1
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                    [modified] => 2025-06-17 09:48:19
                )

[31] => Array
                (
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                    [name] => MLS32.jpg
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                    [index] => 32
                    [enabled] => 1
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                    [modified] => 2025-06-17 09:48:19
                )

[32] => Array
                (
                    [id] => 116150098
                    [name] => MLS33.jpg
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                    [index] => 33
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                    [modified] => 2025-06-17 09:48:19
                )

[33] => Array
                (
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                    [index] => 34
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                    [modified] => 2025-06-17 09:48:19
                )

[34] => Array
                (
                    [id] => 116150100
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                    [index] => 35
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                    [modified] => 2025-06-17 09:48:19
                )

[35] => Array
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                    [index] => 36
                    [enabled] => 1
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                    [modified] => 2025-06-17 09:48:19
                )

)

)

EXIT