1155-1157 Pleasant St Fall River, MA 2723
New
- Added:
- Apr 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 24 at 4:41 pm
Property Features for 1155-1157 Pleasant St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agent Alexander Osornio (617) 595-3215
Listing office NextGen Realty, Inc. (617) 595-3215
Listing date Apr 24, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of NextGen Realty, Inc.
Overview
Mixed-Use Investment Opportunity
This mixed-use investment opportunity includes four buildings and a large parking lot with off-street parking. The portfolio consists of a 10-unit building (2 commercial, 8 residential), a 4-unit building (1 commercial, 3 residential), a 4-family building, and a 6-family building. In total, there are 36 bedrooms, including one 3-bedroom unit, thirteen 2-bedroom units, and the remaining units are 1-bedroom apartments, along with three commercial spaces. The current gross annual income is $365,400. There is potential to increase the cap rate to approximately 11.5% at market rents through modest increases. Commercial tenants include Metro PCS and a tattoo studio. The location has a walk score of 89, indicating it is very walkable, a bike score of 63, indicating it is bikeable, and a transit score of 43, indicating some transit options are available.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Fall River
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.1374973
- Latitude
- 41.6930432
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Four buildings with 36 bedrooms and value-add upside.
Where is this mixed-use property located?
The property is located at 1155-1157 Pleasant St Fall River, MA.
What is the asking price?
The asking price for this property is $3,325,000.
What are key features of this property?
This property features: Exceptional mixed‑use investment opportunity with four buildings and a large parking lot.; Current gross income of $365,400 annually, offered at an 8.2% cap rate.; Clear path to approximately 11.5% cap rate at market rents, creating significant value‑add upside.
