Luxury Real Estate Group Boston > Fall River > 1155-1157 Pleasant Street

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

1155-1157 Pleasant Street

Fall River, MA

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.

offered at

$3,360,000

  • Status: New
  • Listing ID: 73477347
  • Bedrooms: 36
  • Full Baths: 23
  • Half Baths: 4
  • Living Area: 21,000 sqft Convert
  • Lot Size: 17,800 sqft Convert
  • Acres: 0.41

Additional Details

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

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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