Back 1155 Pleasant Street
Off Market

1155 Pleasant Street

Fall River MA 02723

36
27
17
21000 sq. ft.
17800 sq. ft.
Other
Last sold for $3,200,000
Zachary ConleyZachary Conley, last sold this property on 04 September 2026 after 200 days on market.

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

Estimated Value

We need at least 3 similar 36 bedroom other properties sold in Fall River over the last 12 months.

Property history for 1155 Pleasant Street

2026
Sold
$3,200,000
04 Sep 2026 by Zachary Conley, of Nextgen Realty

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