Fall River Real Estate, 1155-1157 Pleasant Street: LRG Boston, #73477347

Advanced Search

Luxury Sales: MLS Search; Map Search; LRG Recent Sales; Open Houses

1155-1157 Pleasant Street, Fall River, MA

Fall River Multi-Family Get directions

Click for Search Results

1155-1157 Pleasant Street, Fall River, MA Photo #1

1155-1157 Pleasant Street, Fall River, MA Photo #2

1155-1157 Pleasant Street, Fall River, MA Photo #3

1155-1157 Pleasant Street, Fall River, MA Photo #4

1155-1157 Pleasant Street, Fall River, MA Photo #5

1155-1157 Pleasant Street, Fall River, MA Photo #6

1155-1157 Pleasant Street, Fall River, MA Photo #7

1155-1157 Pleasant Street, Fall River, MA Photo #8

1155-1157 Pleasant Street, Fall River, MA Photo #9

1155-1157 Pleasant Street, Fall River, MA Photo #10

1155-1157 Pleasant Street, Fall River, MA Photo #11

1155-1157 Pleasant Street, Fall River, MA Photo #12

1155-1157 Pleasant Street, Fall River, MA Photo #13

1155-1157 Pleasant Street, Fall River, MA Photo #14

1155-1157 Pleasant Street, Fall River, MA Photo #15

1155-1157 Pleasant Street, Fall River, MA Photo #16

1155-1157 Pleasant Street, Fall River, MA Photo #17

1155-1157 Pleasant Street, Fall River, MA Photo #18

1155-1157 Pleasant Street, Fall River, MA Photo #19

1155-1157 Pleasant Street, Fall River, MA Photo #20

1155-1157 Pleasant Street, Fall River, MA Photo #21

1155-1157 Pleasant Street, Fall River, MA Photo #22

1155-1157 Pleasant Street, Fall River, MA Photo #23

1155-1157 Pleasant Street, Fall River, MA Photo #24

1155-1157 Pleasant Street, Fall River, MA Photo #25

1155-1157 Pleasant Street, Fall River, MA Photo #26

1155-1157 Pleasant Street, Fall River, MA Photo #27

1155-1157 Pleasant Street, Fall River, MA Photo #28

1155-1157 Pleasant Street, Fall River, MA Photo #29

1155-1157 Pleasant Street, Fall River, MA Photo #30

1155-1157 Pleasant Street, Fall River, MA Photo #31

1155-1157 Pleasant Street, Fall River, MA Photo #32

Image 1 of 32

Unit Information

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: NEW; Type: Multi-Family, 5-9 Family; Zip Code: 02723; Levels: 5
Parking: Garage Capacity: 17; Parking: Paved Drive, Leased, Assigned; Parking Spaces: 17

Rooms and Dimensions: Total Units: 24; Total Floors: 5; Total Rooms: 81

$3,360,000

Status: New
Listing ID: 73477347
Bedrooms: 36
Full Baths: 23
Half Baths: 4
Living Area: 21,000 sqft 1,951 m² Convert
Lot Size: 17,800 sqft 1,654 m² Convert
Acres: 0.41
View description

Inquire About This Listing

Luxury Residential Group

(617) 233-5800

Receive more info or arrange a tour

When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.

Please call, email, or send us a message through the web form below. An LRG Real Estate agent will contact you promptly.