1155-1157 Pleasant St, Fall River, MA, 02723
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.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Other
- Roof: Shingle,Rubber,Other
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 5-9 Family
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 36
- Bathrooms: 27
- Full bathrooms: 23
- 1/2 bathrooms: 4
Features
- Flooring: Wood,Tile,Carpet
- Finished area above ground: 21,000
Interior Area
- Total structure area: 21,000
- Total interior livable area: 21,000 sqft
Property
Details
- Parcel number: 2829778
- Zoning: 5+
Features
- Exterior features: Rain Gutters,Other
Lot
- Lot size: 0.41 Acres
- Features: Corner Lot,Other
Parking
- Total spaces: 17
- Parking features: Paved Drive,Leased,Assigned
- Has uncovered spaces: Yes
- Uncovered spaces: 17
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $16,813 | $201,756 |
| Home Insurance * | $1,625 | $19,500 |
| Property Taxes | $2,853 | $34,236 |
| Electricity | $4,141 | $49,692 |
| Total | $25,432 | $305,184 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-16 | Price change | $3,325,000 |
| 2026-02-15 | Listed for sale | $3,360,000 |
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