1155-1157 Pleasant Street, Fall River, MA 02723

Fall River
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
1155-1157 Pleasant Street,Fall River, MA 02723
$3,325,000
  • 36 Beds
  • 27 Baths
  • 21,000 sq. ft.
  • Multi-family
  • Active
Listed by: zachary conley, alexander osornio
Office: nextgen realty, inc.
MLS#:73477347
Source:MLSPIN

Price summary

  • Price:$3,325,000
  • Price per sq. ft.:$158.33

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.

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Home facts

  • Year built:1900
  • Listing ID #:73477347
  • Updated:April 10, 2026 at 10:31 AM

Rooms and interior

  • Bedrooms:36
  • Total bathrooms:27
  • Full bathrooms:23
  • Half bathrooms:4
  • Rooms Total:81
  • Flooring:Carpet, Tile, Wood
  • Basement Description:Full
  • Living area:21,000 sq. ft.

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1900
  • Building area:21,000 sq. ft.
  • Lot area:0.41 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Frame
  • Exterior Features:Rain Gutters

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,325,000
  • Price per sq. ft.:$158.33
  • Tax amount:$27,787 (2026)

Parking

  • Total parking spaces:17
  • Parking description:Assigned, Leased, Paved Drive
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.

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