Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
36 Beds
27 Baths
21,000 sqft

$3,325,000

1155-1157 Pleasant Street, Fall River MA, 02723

Price per sqft$158.33
Built in1900
Property size21,000 sqft
Property typeMulti-family

Overview

Active

Listed Feb 15, 2026

Updated 2 weeks ago

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.

$22,121/mo

Est. mortgage payment based on a $3,325,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73477347

Interior Features

Bedrooms
36
Bathrooms
27
Basement
Yes

Exterior Features

Lot Size
0.41 Acres

Other Property Details

Taxes
$27,787
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Zachary Conley with NextGen Realty, Inc.

The property listing data and images displayed herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, and public records, and compiled by MLS Property Information Network, Inc. This information is intended solely for the personal, non-commercial use of consumers who have a genuine interest in purchasing or leasing listed properties. It may not be used for any purpose other than to identify prospective properties of interest.

MLS Property Information Network, Inc. and its subscribers make no representations or warranties regarding the accuracy of the listing data or images presented.

©2026 MLS Property Information Network, Inc. All rights reserved.

Data last updated 4:43 AM UTC, 9/4/2026

Powered by Luxury Presence