1155-1157 Pleasant Street | Image 1
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1155-1157 Pleasant Street | Image 7

$3,360,000

8 hours ago

36 Bed

27 Bath

21000 sqft

17 Parking

MLS® 73477347

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 21000 sqft
Garage No
Taxes $27,787
Days Active 0
Lot Size 0.41 acres
Approx. Age 1900
Avg. Price Per Sqft $160
MLS® Number 73477347

Property Address: 1155-1157 Pleasant Street, Fall River, MA, 02723

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number73477347
Laundry Level
Central VacNo
FireplaceNo
Acreage0.41
Exterior
GarageNo
Approx. Age1900
BasementFull
DrivewayPaved Drive, Leased, Assigned
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 15, 2026List Date
$3,360,000List Price
  • Commute

Commute

Starting Address
Destination Address
1155-1157 Pleasant Street, Fall River, MA

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