$3,325,000
1155-1157 Pleasant Street
Fall River, MA, 02723
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.
Property Details
Price:
$3,325,000
MLS #:
73477347
Status:
Active
Beds:
36
Baths:
25
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Feb 15, 2026
Finished Sq Ft:
21,000
Total Sq Ft:
21,000
Lot Size:
17,800 sqft / 0.41 acres (approx)
Year Built:
1900
Units:
24
Schools
Interior
Above Grade Finished Area
21000
Bathrooms
23 Full Bathrooms, 4 Half Bathrooms
Flooring
Wood, Tile, Carpet
Levels
5
Exterior
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
Construction Materials
Frame
Exterior Features
Rain Gutters, Other
Lot Features
Corner Lot, Other
Open Parking Spaces
17
Open Parking YN
1
Parking Features
Paved Drive, Leased, Assigned
Parking Spots
17
Parking Total
17
Roof
Shingle, Rubber, Other
Stories
5
Financial
Tax Year
2026
Taxes
$27,787
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Fall River as of May 04, 2026
124
Multi Family Listed
168
Avg DOM
200
Avg $ / SqFt
$809,990
Avg List Price
Community
- Address1155-1157 Pleasant Street Fall River MA
- CityFall River
- CountyBristol
- Zip Code02723
Subdivisions in Fall River
Similar Listings Nearby
Property Summary
- 1155-1157 Pleasant Street Fall River MA is a Multi Family for sale in Fall River, MA, 02723. It is listed for $3,325,000 To schedule a showing of MLS#73477347 at 1155-1157 Pleasant Street in Fall River, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of NextGen Realty, Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
1155-1157 Pleasant Street
Fall River, MA