1792 Pleasant St Fall River, MA 02723
- Office buildings
- 6,119 SF
- 0.14 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1792 Pleasant St
- Year built
- 1900
- Lot size
- 0.14 lot acres
- Property size
- 6,119 SF
- Zone code
- B
- Property type
- Office buildings
- APN
- FALL M:0J-16 B:0000 L:0072
- APU
- FALLM0J16B0000L0072
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $680,000
- 7%
- $695,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $730,000
- Geo Method
- $720,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $670,000
- Retail
- $660,000
- Mixed-Use
- $755,000
- Hospitality
- $665,000
- Educational
- $695,000
- Residential Income
- $655,000
- Energy
- $610,000
- Income-Based Land
- $755,000
- Food Service
- $695,000
Location Insight
- Map
- Local Demand
- City
- Fall River
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.1293
- Latitude
- 41.6869
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
