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1155-1157 Pleasant Street, Fall River MA 02723

Fall River, MA 02723
$3,360,000
$3,325,000
Est. $17,013/month
36
Beds
25
Baths
21,000
Sq Ft
$158
Price/Sq Ft
0.41
Acres
1900
Year Built
17
Parking
145
Days on Market
Active Price Drop -$35,000 Listed Feb 15, 2026 • MLS# 73477347 Copied! • Updated Mar 30, 2026

About this home

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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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1%
Price Range

Property Timeline

Price Reduced
Mar 16, 2026
$3,325,000 $35,000 (-1.04%)
From $3,360,000 to $3,325,000 (-1.0%)
🏠
Listed for Sale
Feb 15, 2026
$3,360,000
Original listing
Agent: Zachary Conley Office: NextGen Realty, Inc.

Tax History

Year Taxes Assessment
Tax history not available

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 21,000 sq ft
Lot Size 0.41 acres
Bedrooms 36
Full Baths 23
Half Baths 4
Total Rooms 81

Investment Metrics

Units 24
Heating None
Cooling None
Flooring Wood, Tile, Carpet
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle, Rubber, Other
Features Rain Gutters, Other
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Leased, Assigned
Total Spaces 17
Electric 110 Volts, Other (see Remarks)
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

No financial details available
Seller Disclosures None
Possession None
Accepted Financing Other (see Remarks)
Structure Type []
Sq Ft Source Other
Documents None
County Bristol

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
36
Full Bathrooms
23
Half Bathrooms
4
Living Area
21,000 sq ft
Total Rooms
81
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Carpet
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber, Other
Foundation: Other
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Other
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot, Other
Road Surface:

Parking & Garage

Total Parking Spaces: 17
Parking Features: Paved Drive, Leased, Assigned

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $0
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1155-1157 Pleasant Street, Fall River MA 02723

Fall River, MA 02723

Listing Information

Listing Agent Zachary Conley
Listing Office NextGen Realty, Inc.
Office Phone 617-208-2100
Agent MLS ID CN204645
Office MLS ID BB9279
Listing Data Updated Mar 30, 2026 6:14 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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