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    1792 Pleasant St Fall River, MA 02723

    Sponsored
    For Sale
    $850,000

    Seven-unit property, renovated, high income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 1792 Pleasant Street in Fall River, Massachusetts, presents a remarkable investment opportunity. Completely renovated, this seven-unit building boasts three residential units and four commercial units, all strategically located for optimal accessibility. The residential units comprise one three-bedroom unit and two two-bedroom units, all currently rented and generating consistent income. Each of the four commercial storefront units includes a convenient half-bath. Significant improvements have been made throughout the property, including a new rubber roof, updated plumbing and heating systems, brand new kitchens and bathrooms in the residential units, and a fresh exterior featuring new stucco and vinyl siding. New windows throughout enhance energy efficiency and curb appeal. Residents enjoy a newly constructed deck overlooking the yard, providing a pleasant outdoor living space. The property's electrical system has been completely modernized, with seven separate meters for electricity and gas, ensuring efficient utility management. Additional amenities include dedicated storage units and a laundry room for residential tenants equipped with coin-operated washers and dryers. Situated on a 0.14-acre lot in Bristol County, this turnkey property is conveniently located near major highways and local amenities, making it an ideal investment for immediate returns and long-term growth. The asking price is $850,000.

    Property Features for 1792 Pleasant St

    General Information

    Property type
    Specialty properties
    Lot Size
    6,098 SF

    HighLights

    • Seven‑unit mixed‑use building in Fall River, MA, completely renovated.
    • Three residential units (one 3‑bed, two 2‑bed), all currently rented.
    • Four commercial storefront units, each with a half‑bath.
    • New roof, plumbing, heating, kitchens, bathrooms, stucco, vinyl siding, and windows.
    • Residential amenities include a deck, storage units, and a coin‑op laundry room.
    • Seven separate utility meters (electricity & gas).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1293084
    Latitude
    41.6867808

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    FAQs

    What type of property is this?
    Specialty property - Seven-unit property, renovated, high income.
    Where is this specialty property located?
    The property is located at 1792 Pleasant St Fall River, MA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Seven-unit mixed-use building in Fall River, MA, completely renovated.; Three residential units (one 3-bed, two 2-bed), all currently rented.; Four commercial storefront units, each with a half-bath.
    Request Owner's contact information
    1792 Pleasant St Fall River, MA 02723
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    Fall River, MA 02723
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1792 Pleasant St Fall River, MA 02723
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