Investment Analysis — 247 Pitman St

Fall River, MA 02723

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02723 carries an estimated $4,670/mo in gross rent — about a 4.82% cap rate and $35,184/yr in estimated NOI at the $730,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,000

Style

Multi Family

Built

1925

Welcome to this stunning, completely renovated multi-family complete with lead certs offering nearly 3,500 sq. ft. of beautifully finished living space. Taken down to the studs and thoughtfully rebuilt from top to bottom, this property combines the charm of a multi-family home with the finishes and efficiency buyers expect from new construction.Updates include roof, siding, windows, doors, electrical, plumbing, heating, central A/C, flooring, lighting, and insulation for improved energy efficiency and year-round comfort.Both units feature bright, modern interiors and beautifully designed kitchens with brand-new cabinetry, oversized quartz islands, stainless-steel appliances, Bathrooms continue the upscale feel with tiled floors, glass-enclosed showers, modern vanities, and stylish finishes throughout.In law suite in addition to Unit 1 by a unique spiral staircase, while also offering its own separate walk-out entrance to the backyard. This flexible space is ideal for extended family, guests, a private home office, or additional living options.Outside, enjoy a landscaped backyard, welcoming front porch, and rear deck perfect for relaxing, entertaining, or enjoying the warmer months.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.