For Sale

Listed by Zachary Conley

Source: MLS Property Information Network Inc #73477347

1155 Pleasant Street, Fall River, MA, 02723

$3,325,000

36
27
17
21000 sq. ft.
17800 sq. ft.

Other

30+ days on the market

What's around 1155 Pleasant Street

About this property

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.

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