1155-1157 Pleasant Street, Fall River MA 02723
Fall River, MA 02723
$3,360,000
$3,325,000
Est. $17,013/month
About this home
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.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
1
Price Changes
1%
Price Range
Property Timeline
Price Reduced
Mar 16, 2026
$3,325,000
$35,000
(-1.04%)
From $3,360,000 to $3,325,000 (-1.0%)
Listed for Sale
Feb 15, 2026
$3,360,000
Original listing
Agent: Zachary Conley
Office: NextGen Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/16/2026 | ↓ Price Reduced | $3,325,000 | $35,000 | - | From $3,360,000 to $3,325,000 (-1.0%) |
| 02/15/2026 | 🏠 Listed for Sale | $3,360,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| Tax history not available | ||
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
21,000 sq ft
Lot Size
0.41 acres
Bedrooms
36
Full Baths
23
Half Baths
4
Total Rooms
81
Investment Metrics
Units
24
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile, Carpet
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Rubber, Other
Parking
Features
Paved Drive, Leased, Assigned
Total Spaces
17
Utilities
Electric
110 Volts, Other (see Remarks)
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
No financial details available
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
Other (see Remarks)
Structure Type
[]
Sq Ft Source
Other
Documents
None
County
Bristol
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
36
Full Bathrooms
23
Half Bathrooms
4
Living Area
21,000 sq ft
Total Rooms
81
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
21,000 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Carpet
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle, Rubber, Other
Foundation:
Other
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Parking & Garage
Total Parking Spaces:
17
Parking Features:
Paved Drive, Leased, Assigned
Nearby Schools
School District
Fall River School District local
C-
School Safety
2024-25
8.4%
Above Average
8.4%
Suspensions
2.1%
In-School
2.9% above state avg
Elementary Schools
3 schools
South Coast Autism Center
0.2 mi
Grades PK-01
Espirito Santo School
0.4 mi
Grades PK-08
C
Mary Fonseca Elementary School
0.6 mi
|
#583 of 824
|
Score: 41.7
Improved 217 spots from last year
-16.5 below state avg
598 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
3 schools
C-
Talbot Innovation School
0.6 mi
|
#309 of 352
|
Score: 30.6
Dropped 25 spots from last year
-27.6 below state avg
582 students
Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
1.8 mi
|
#299 of 352
|
Score: 31.4
Improved 39 spots from last year
-26.8 below state avg
751 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
D
Matthew J Kuss Middle School
2.2 mi
|
#336 of 352
|
Score: 27.0
Dropped 1 spots from last year
-31.2 below state avg
646 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
3 schools
C+
Diman Regional Vocational Technical High School
0.8 mi
|
#242 of 346
|
Score: 47.1
Dropped 81 spots from last year
-11.1 below state avg
1,463 students
Moderate
13 sports
• 1,408 athletes
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
F
Resiliency Preparatory Academy
1.2 mi
|
#393 of 346
|
Score: 16.3
Same rank as last year
171 students
Very Diverse
Diverse Student Body
Grades 07-12
C+
Argosy Collegiate Charter School
1.3 mi
|
#244 of 346
|
Score: 46.8
Improved 11 spots from last year
-11.4 below state avg
587 students
Diverse
7 sports
• 126 athletes
Early College Program
College Ready Curriculum
Diverse Student Body
Grades 06-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$0
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
Loading map...
Neighborhood
1155-1157 Pleasant Street, Fall River MA 02723
Fall River, MA 02723
Listing Information
Listing Agent
Zachary Conley
Listing Office
NextGen Realty, Inc.
Office Phone
617-208-2100
Agent MLS ID
CN204645
Office MLS ID
BB9279
Listing Data Updated
Mar 20, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Fall River.
Steve Novak Real Estate
Your message will be sent to Steve Novak Real Estate.