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1155 Pleasant Street

Fall River MA 02723

36
27
17
21000 sq. ft.
17800 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

36 bedrooms
27 bathrooms
17 carspaces
17 open car spaces
21000 sq. ft. floor area
17800 sq. ft. lot size
Other

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