1498 Pleasant St Fall River, MA 02723
Flint NeighborhoodEstimated payment $8,037/month
Highlights
- Marina
- Granite Flooring
- Corner Lot
- Medical Services
- Property is near public transit and schools
- Community Pool
About This Home
Fantastic Investment Opportunity! This exceptional 3 story mixed use property boasts (7) 2 Bedroom, (1) 3 Bedroom and the added bonus of (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 & Sewer for all units and Hot Water in (6) apartment and (2) business units. These 11 units are poised for future rent increases with room to maximize 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 tour today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,216
Year Built
- Built in 1880
Lot Details
- 7,488 Sq Ft Lot
- Corner Lot
Home Design
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Rubber Roof
- Stone
Interior Spaces
- 12,093 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Granite
- Tile
- Vinyl
Bedrooms and Bathrooms
- 17 Bedrooms
Parking
- Common or Shared Parking
- Off-Street Parking
Location
- Property is near public transit and schools
Utilities
- Separate Meters
- 60 Amp Service
Listing and Financial Details
- Tax Lot 0001
Community Details
Overview
- 11 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Community Pool
- Park
Building Details
- Insurance Expense $11,547
- Water Sewer Expense $6,000
- Operating Expense $50,935
- Net Operating Income $60,518
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2025 12/10/25 | Pending | -- | -- | -- |
| 12/03/2025 12/03/25 | For Sale | $1,200,000 | -- | $99 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73459433
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