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Street View
$3,325,000
Monthly Est:$16,550
36 Beds
27 Baths23 full baths + 4 half baths
21,000sqft
1155-1157 Pleasant St, Fall River, MA 02723
$3,325,000
$16,550/moEst:
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Multi Family
Built in 1900
$-- HOA
0.41 acre lot
$158/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 24, 2026 at 1:08 am
- Listing Provided by: Zachary Conley (617) 982-8607 | NextGen Realty, Inc. (617) 208-2100
- Source: MLS Property Information Network-MA | MLS#: 73477347
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
21,000 sqft
Lot Size
0.41 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73477347
MLS Status
Active
Days on Market
230
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 36
Bathrooms: 27
Interior
Sewer
Public Sewer
Flooring
Wood, Tile, Carpet
Exterior Features
Rain Gutters, Other
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Foundation Details
Other
Construction Materials
Frame
Roof
Shingle, Rubber, Other
Utilities & Energy
Utilities
For Gas Range
Electric
110 Volts, Other (see Remarks)
Basement
Full
Parking Features
Paved Drive, Leased, Assigned
Water Source
Public
Other Features
Community Features
Public Transportation, Shopping, Park, Walk/jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Private School, Public School, T Station, University, Other
Lot Features
Corner Lot, Other
Price History
| Date | Event | Price |
|---|---|---|
03/16/2026 Source: | Price Decreased | $3,325,000 -1.04% $158/sqft |
02/15/2026 Source: | Listed for Sale | $3,360,000 $160/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 02, 2026, 09:00AM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group