For Sale · Multi-Family
1155-1157 Pleasant Street
Fall River, MA 02723
Price cut: $35,000
$3,325,000
$3,360,000
$158 per sq ft
- 36
- beds
- 25
- baths
- 21,000
- sq ft
Est. payment: $19,279/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 17,800
- Year Built
- 1900
- Type
- Multi-Family
- Status
- For Sale
- Property taxes (2026)
- $27,787
- Assessed value
- $2,420,700
- Days on Market
- 43
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.
Facts & features
Interior
- Total rooms
- 81
- Flooring
- Wood, Tile, Carpet
- Basement
- Full
Systems & utilities
- Water
- Public
- Sewer
- Public Sewer
- Electric
- 110 Volts, Other (See Remarks)
- Utilities
- for Gas Range
Exterior & parking
- Parking
- Paved Drive, Leased, Assigned
- Total parking
- 17
- Exterior features
- Rain Gutters, Other
Construction
- Construction materials
- Frame
- Foundation
- Other
- Roof
- Shingle, Rubber, Other
- Year built
- 1900
Flood risk
Location
Courtesy of NextGen Realty, Inc.
MLS #: 73477347 · Updated: March 30, 2026
Listing data is provided in part by MLS PIN and PrimeMLS/NEREN and is for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed.
You might also like
