Sold
1155-1157 Pleasant St, Fall River, MA
Fall River · MA 02723
- $3,200,000
- Price
- 36
- Beds
- 25
- Baths
- 21000
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
24 Units
Lot size:
0.41 Acre Lot
Price per square foot:
$158 / Sq.Ft
Parking:
17 Off Street Spaces
About this home
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.
Neighborhood & Transit
1155-1157 Pleasant St, Fall River · MA 02723
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 261 days
- Listing Price:
- $3,325,000
- Price per Sq.Ft:
- $158
- Tax Assessment:
- $2,420,700 in 2026
- Taxes:
- $2,316 / Monthly
Home Facts
Interior Features
- Bedrooms
- 36
- Full Bathrooms
- 23
- Half Bathrooms
- 4
- Living Area
- 21,000 Sq.Ft
- Broker Disclosure about Living Area
- Estimated
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 21000
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 110 Volts, Other (See Remarks)
Exterior Features
- Lot Size
- 17,800 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 17 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Other (See Remarks)
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Zachary Conley
- Listing office
- NextGen Realty, Inc.
- MLS PIN #
- 73477347
- Disclosure
- Estimated