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1155-1157 Pleasant Street, Fall River MA 02723

Active

1155-1157 Pleasant Street, Fall River MA 02723

$3,325,000

Estimated $7,707/month Calculator

Multi Family

Total Units: 24

Price Per Unit: $138,541.67

Total Rent: 63600/year

Estimated CAP Rate:

36 Bedrooms

Baths

21000

Total Parking: 17

17,800 (0.41)

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.

This home has been viewed 67 times

Last Checked: March 31st, 2026 at 8:23am (Source: MLS PIN #73477347)

Gross Income: $63,600

Gross Expenses: $80,190

Net Income Calc: $16,590

Water Views

Annual Expenses for 1155-1157 Pleasant Street, Fall River MA 02723

Total Gross Expenses (Calculated)$80,190/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax27787

Annual Income & Unit Breakdown for 1155-1157 Pleasant Street, Fall River MA 02723

Total Gross Income (Calculated)$63,600

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Half

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

Rent Includes

General Information for 1155-1157 Pleasant Street, Fall River MA 02723

Listing ID73477347

Property TypeMulti Family / 5+ Family

Price3325000 ($158.33/SqFt)

Style5-9 Family

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total21000

Approximate Lot Size (Acres)0.41

Total Parking17

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning5+

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 1155-1157 Pleasant Street, Fall River MA 02723

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsAll Appliances To Remain.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 1155-1157 Pleasant Street, Fall River MA 02723

Real Estate Taxes27787

Tax Year2026

Assessed Value$2,420,700

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 1155-1157 Pleasant Street, Fall River MA 02723

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 1155-1157 Pleasant Street, Fall River MA 02723

Agent

Name: Zachary Conley

Office

Name: NextGen Realty, Inc.

Phone: 617-208-2100

Team Members

Payment Calculator

, Interest

Property Taxes 2315.58

Principal & Interest 20487.59

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

NextGen Realty, Inc.

Zachary Conley

Agent Phone

Office Phone

(617) 208-2100

Text Agent Call Agent Call Office

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    [unparsed] => 1155-1157 Pleasant Street, Fall River MA 02723
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EXIT

29 More Photos

Active

1155-1157 Pleasant Street, Fall River MA 02723

$3,325,000

Annual Expenses for 1155-1157 Pleasant Street, Fall River MA 02723

Annual Income & Unit Breakdown for 1155-1157 Pleasant Street, Fall River MA 02723

General Information for 1155-1157 Pleasant Street, Fall River MA 02723

Disclosures for 1155-1157 Pleasant Street, Fall River MA 02723

Financial Information for 1155-1157 Pleasant Street, Fall River MA 02723

Location Information for 1155-1157 Pleasant Street, Fall River MA 02723

Contact Information for 1155-1157 Pleasant Street, Fall River MA 02723

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

NextGen Realty, Inc.

Zachary Conley