Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

1155-1157 Pleasant Street

Fall River, MA ID #73477347

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1155-1157 Pleasant Street

- Fall River, MA ID #73477347

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 02723
  • Taxes: 27,787
  • Levels: 5
  • Acres: 0.41

Parking

  • Garage Capacity: 17
  • Parking: Paved Drive, Leased, Assigned
  • Parking Spaces: 17

Rooms/Dimensions

  • Total Units: 24
  • Total Floors: 5
  • Total Rooms: 81

Location

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1155-1157 Pleasant Street, Fall River, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Zachary Conley of NextGen Realty, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.