1155-1157 Pleasant Street
Fall River, MA 02723
36
Bed
27
Bath
21,000Sqft
0.41Acre(Lot)
Exceptional mixed-use investment opportunity featuring four buildings and a large parking lot with abundant off-street parking. The portfolio includes a 10-unit building (2 commercial, 8 residential), a 4-unit building (1 commercial, 3 residential), a 4-family, and a 6-family, totaling 36 bedrooms comprised of one 3-bedroom, thirteen 2-bedroom units, three commercial spaces, and the remaining 1-bedrooms. Current gross income is $365,400 annually, offered at an 8.2% cap rate. Clear path to approximately 11.5% cap at market rents through modest increases, creating significant value-add upside. Commercial tenants include Metro PCS and a tattoo studio, providing stable income alongside strong residential cash flow.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 27 Full Baths: 23 Half Baths: 4Room Information
Total Bedroom: 36 -
Flooring Information
Wood, Tile, Carpet -
Roofing Information
Shingle, Rubber, Other -
Interior Features
Roof: Shingle, Rubber, Other -
Heating & Cooling
WaterSource: Public
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Building Information
Year Built: 1900 Construction Materials: Frame Basement: Full -
Exterior Features
Rain Gutters, OtherFoundation Details: Other
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Lot Information
Lot Description: Corner Lot, Other Lot Size Area: 0.41 Lot Size Units: Acres Lot Square Feet: 17,800 Lot Acres: 0.41 Stories: 5 Main Square Feet: 0.41Property Information
Property Type: Residential Income Sub Type: 5-9 FamilySQ ft (Living Area): 21,000
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Listing Price Information
Original Listing Price: $3360000
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Tax Information
Parcel Number: 2829778 Annual Tax: $27787
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Parking Information
Parking Total: 17 Paved Drive, Leased, Assigned
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Utility Information
for Gas Range -
Location Information
Direction: GPS
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8 Alsop St, Fall River, MA, 02723 | $474,900 | 3 | 3 | 1,956 | 1,956 SqFt |
| 229 Concord Street, Fall River, MA, 02723 | $579,900 | 4 | 3 | 2,520 | 2,520 SqFt |
| 36 Mcgowan St, Fall River, MA, 02723 | $479,000 | 3 | 3 | 1,199 | 1,199 SqFt |
| 99 Irving Street, Fall River, MA, 02723 | $3,300,000 | 27 | 20 | 13,555 | 13,555 SqFt |
| 1768 Pleasant Street, Fall River, MA, 02723 | $589,999 | 4 | 3 | 4,479 | 4,479 SqFt |
| 62 Pitman Street, Fall River, MA, 02723 | $1,100,000 | 21 | 6 | 5,544 | 5,544 SqFt |
| 529 Eastern Ave, Fall River, MA, 02723 | $1,749,000 | 6 | 7 | 12,432 | 12,432 SqFt |
| 430 Alden Street, Fall River, MA, 02723 | $285,000 | -- | 1 | 1,246 | 1,246 SqFt |
| 144 Choate St., Fall River, MA, 02723 | $1,475,000 | 20 | 8 | 7,686 | 7,686 SqFt |
| 42 Ross St, Fall River, MA, 02723 | $579,900 | 4 | 3 | 2,096 | 2,096 SqFt |
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ByOwner last updated this listing 06/24/2026 @ 01:22
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