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1498-1508 Pleasant Street, Fall River MA 02723

Fall River, MA 02723
$1,200,000
Est. $8,036/month
12,093
Sq Ft
$99
Price/Sq Ft
0.17
Acres
1880
Year Built
18
Days on Market
Pending Listed Dec 4, 2025 • MLS# 73459764 Copied! • Updated Dec 24, 2025

About this home

Fantastic Investment Opportunity! This exceptional 3 story mixed use property boasts (7) 2 Bedroom units, (1) 3 Bedroom unit and (3) street level Commercial units. All units are current and TAW, with the exception of (1) business unit still under lease. The most recent updates include Roof (2025), Electric (2021) and several Hot Water Heaters over the past 3 years. Separate Utilities. Landlord is responsible for Water and Sewer for all units and Hot Water in (6) of the apartments and (2) business units. These 11 Units are poised for future rent increases with room for maximizing profitability as rents are below market value. This property is perfect for any investor looking for long term growth. Don't miss the chance to own this unique property providing substantial income potential in a vibrant coastal community. Rent Roll and Income/Expense docs available upon request. Schedule a showing today!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

Pending Sale
Dec 10, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Dec 4, 2025
$1,200,000
Original listing
Agent: Dawn Gardner Office: Family First Realty
🏠
Listed for Sale
Dec 4, 2025
$1,200,000
Original listing
Agent: Dawn Gardner Office: Family First Realty

Tax History

Year Taxes Assessment
2025 $21,216

Financial Details

Annual Property Tax
$21,216
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1880
Living Area 12,093 sq ft
Lot Size 0.17 acres
Gross Income $114,900
Net Operating Income $60,518
Operating Expenses $50,935
Cap Rate 5.04%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $21,216
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Bristol

Property Overview

Listing Type
Commercial Sale
Year Built
1880
Living Area
12,093 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

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 $1,768
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

Interest
Principal
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

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Neighborhood

1498-1508 Pleasant Street, Fall River MA 02723

Fall River, MA 02723

Listing Information

Agent MLS ID CT006099
Office MLS ID AN8828
Listing Data Updated Dec 24, 2025 3:05 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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