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$3,200,000

1155-1157 Pleasant Street
Fall River, MA 02723

Multi Family|Sold 09/04/2026
36
Beds
27
Total Baths
23
Full Baths
4
Partial Baths
21,000
SqFt
$152
/SqFt
1900
Built
County:
Bristol
Call Now: 401-323-3546
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401-323-3546
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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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Listing Snapshot
Bedrooms 
36
Total Baths 
27
Full Baths 
23
Partial Baths 
4
Inside Area (SqFt) 
21,000 sqft
Lot Size 
0.41 Acres
Year Built 
1900
MLS Number 
73477347
Status 
Sold
Property Tax 
$27,787
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
General Features
Acres 
0.41
Foundation 
Other
Number Of Stories 
5
Parking 
PavedLeasedAssigned
Parking Spaces 
17
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
21000
SqFt Total 
21000
Water Source 
Public
Zoning 
5+
Interior Features
Appliances 
Gas Water Heater
Basement 
Full
Flooring 
WoodTileCarpet
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Exterior Features
Construction Details 
Frame
Exterior 
Rain GuttersOther
Lot Features 
Corner LotOther
Roof 
ShingleRubberOther
Community Features
Community Features 
ParkOther
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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