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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