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You are here:
Home Massachusetts Fall River Commercial Properties for Sale

1498-1508 Pleasant Street Fall River, MA 02723

NEW
9 Photos
$1,200,000
Type: Mixed Use
Other (See Remarks)
12093 Bldg. SQFT
Restrooms: N/A
Parking: N/A
1498-1508 Pleasant Street
Fall River, MA 02723

Property Description

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!

Property Overview

Property Information

  • Type: Mixed Use
  • Location: Legal Non-Conforming
  • MLS ID#: 73459764

Financial

  • Gross Annual Expenses: 50935
  • Gross Annual Income: 114900
  • Net Operating Income: 60518
  • Lease Type: Other (See Remarks)

Building Information

  • Total SQFT: 12093

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Date Event Price Price/Sq Ft Source
12/04/2025New$1,200,000$99MLSPIN
12/03/2025New$1,200,000$99MLSPIN

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Map & Resources

Espirito Santo

Private School, Grades: PK-8

0.08mi

Notre Dame

Private School, Grades: PK-8

0.09mi

Espirito Santo School

Private School, Grades: PK-8

0.17mi

Espirito School

School

0.17mi

Aldrich School

School

0.24mi

Eastern Avenue School

School

0.24mi

Davol School

School

0.24mi

Bogle Street School

School

0.26mi

Honey Dew

Donut & Coffee Shop

0.93mi

Dunkin'

Donut & Coffee Shop

0.42mi

Dunkin' Donuts

Donut & Coffee Shop

0.58mi

Subway

Sandwich (Fast Food)

0.59mi

McDonald's

Burger (Fast Food)

0.74mi

Dunkin'

Donut & Coffee Shop

0.79mi

Mister Chicken

Chicken (Fast Food)

0.87mi

Dunkin'

Donut & Coffee Shop

0.91mi

Fall River City Police Dept

Local Police

0.71mi

Fall River Fire Department

Fire Station

0.22mi

Lafayette Park

Municipal Park

0.15mi

Father Travossos Park

Municipal Park

0.18mi

Quequechan Rail Trail

Park

0.34mi

Quequechan Rail Trail

Park

0.35mi

Quequechan Rail Trail

Park

0.36mi

Quequechan Rail Trail

Park

0.37mi

Quequechan Rail Trail

Park

0.46mi

Britland Park

Municipal Park

0.54mi

William M. McHenry Memorial Library

Library

0.75mi

Speedway

Gas Station

0.51mi

Speedway

Gas Station

0.83mi

Speedway

Convenience

0.51mi

Speedway

Convenience

0.84mi

Walmart Supercenter

Supermarket

0.52mi

Seller's Representative: Dawn Gardner, Family First Realty
MLS ID#: 73459764

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-12-04 10:14:00

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