For sale

$3,325,000

1155-1157 Pleasant St, Fall River, MA 02723

36beds

21,000sqft

Get pre-qualified

5-9 Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$158/sqft

$-- HOA

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.

145 days

134

5

Loading...

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

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

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified