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$3,360,000
New Listing
1155-1157 Pleasant StreetFall River, MA 02723
For Sale|Multi Family|Active
36
Beds
27
Total Baths
23
Full Baths
4
Partial Baths
21,000
SqFt
$160
/SqFt
1900
Built
County:
Bristol
Call Now: 401-323-8292
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401-323-8292
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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
Price
$3,360,000
Days On Site
0 Days
Bedrooms
36
Inside Area (SqFt)
21,000 sqft
Total Baths
27
Full Baths
23
Partial Baths
4
Lot Size
0.41 Acres
Year Built
1900
MLS® Number
73477347
Status
Active
Property Tax
$27,787
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Other
Friends & Family
Recent Activity
| 8 hours ago | Listing updated with changes from the MLS® | |
| 9 hours ago | Listing first seen on site |
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
Listing courtesy of Zachary Conley of NextGen Realty, Inc.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
Last checked 2026-02-16 01:38 AM UTC
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
Last checked 2026-02-16 01:38 AM UTC
Neighborhood & Commute
Source: Walkscore
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