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Sold for $3,200,000
  • $3,200,000

    1155-1157 Pleasant St, Fall River, MA 02723

    36beds
    21,000sqft
    5-9 Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $152/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Zachary Conley 617-982-8607,

    NextGen Realty, Inc. 617-208-2100

    Bought with:

    Jamie Fortes

    Amaral & Associates RE

    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: $152/sqft
    • Tax assessed value: $2,420,700
    • Annual tax amount: $27,787
    • Date on market: 2/21/2026
    • Listing terms: Other (See Remarks)
    • Total actual rent: 30450

    Price history

    DateEventPrice
    9/4/2026Sold$3,200,000-3.8%$152/sqft
    Source: MLS PIN #73477347 Report a problem
    3/16/2026Price change$3,325,000-1%$158/sqft
    Source: MLS PIN #73477347 Report a problem
    2/15/2026Listed for sale$3,360,000$160/sqft
    Source: MLS PIN #73477347 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Merchants

    Nearby schools

    GreatSchools rating