1155-1157 Pleasant St, Fall River, MA 02723
- Beds
- 36
- Baths
- 27
- Sqft
- 21,000
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 5
- Number of bedrooms
- 36
- Number of bathrooms
- 27
- Square feet
- 21,000
- Lot size (acres)
- 0.41
- Year built
- 1900
Interior features
- Basement
- Yes
Exterior features
- Horse amenities
- Stable
Taxes
- Tax Annual Amount (2026)
- $27,787
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73477347 Last checked: …
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