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.
For sale
$3,325,000
1155-1157 Pleasant St, Fall River, MA 02723
36beds
21,000sqft
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$158/sqft
$-- HOA
What's special
- 217 days
- 140
- 7
Zillow last checked:
Listing updated:
Listed by:
Zachary Conley 617-982-8607,
NextGen Realty, Inc. 617-208-2100,
Alexander Osornio 617-595-3215
Source: MLS PIN,MLS#: 73477347
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
- Bathrooms: 27
- Full bathrooms: 23
- 1/2 bathrooms: 4
Features
- Flooring: Wood, Tile, Carpet
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 21,000
- Total interior livable area: 21,000 sqft
- Finished area above ground: 21,000
Property
Parking
- Total spaces: 17
- Parking features: Paved Drive, Leased, Assigned
- Uncovered spaces: 17
Features
- Exterior features: Rain Gutters, Other
Lot
- Size: 0.41 Acres
- Features: Corner Lot, Other
Details
- Parcel number: 2829778
- Zoning: 5+
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Other
- Roof: Shingle,Rubber,Other
Condition
- Year built: 1900
Utilities & green energy
- Electric: 110 Volts, Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
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
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $2,420,700
- Annual tax amount: $27,787
- Date on market: 2/15/2026
- Listing terms: Other (See Remarks)
- Total actual rent: 30450
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Price change | $3,325,000-1%$158/sqft |
Source: MLS PIN #73477347 Report a problem | ||
| 2/15/2026 | Listed for sale | $3,360,000$160/sqft |
Source: MLS PIN #73477347 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
