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Sold on 12/10/2025

1498-1508 Pleasant St, Fall River, MA 02723

  • $1,100,786

    Last sold 12/10/2025 after 7 Days

  • 17

    bed

  • 11

    bath

  • 12,093

    Sqft ($91/Sqft)

Multi-family not for sale
Movoto is helping 110 homebuyers near you

About 1498-1508 Pleasant St

Property type Multi-family
Neighborhood
Year built 1880
HOA fee $0/month
Lot size 7,488 Sqft
Property description
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!
Listed by
Listing Agent - Dawn Gardner
Listing Office - Family First Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#73459433 • last updated 5 months ago
Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago
Overview
Levels/Style 3, 3
MLS # 73459433
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 12093
Lot Size (SqFt) 7488
Lot Size (Acres) 0.17
Annual Property Tax 21216.1
Year Built 1880
Interior
Total # of Bathrooms 11
# Full Baths 8
# Half Baths 3
Total # of Bedrooms 17
Total # of Rooms 33
Flooring Tile, Vinyl, Carpet, Varies
Exterior
Foundation Block, Granite
Roof Rubber
Construction Frame, Brick, Stone
Parking Desc Off Street, Common
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range
Electricity 60 Amps/Less, Individually Metered
Water Source Public
Location
County Bristol
Community Features Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Marina, Public School, T-Station, University
Zoning B-L
Directions Use GPS
Multifamily Details
Net Operating Income 60518
Operating Expense 50935
Total Actual Rent 9575
Financial Data Source Owner
Expense: Water/ Sewer 6000
Gross Income 114900
Lot/ Land Details
Road Frontage Public
  • Feb 2026
    mls logo MLS # 73459433
  • Feb 12, 2026 Sold
    $1,100,786 (-8.3%)
  • Dec 11, 2025 Active
    —
  • Dec 3, 2025 Listed
    $1,200,000
  • 1498-1508 Pleasant St
    $1.1M
  • Flint
    $490K +29% y/y
  • 02723
    $324K -13% y/y
  • Fall River
    $449K +3% y/y
No chart available
Statistics calculated by Movoto

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3/10
Samuel Watson
public Grades K-5
Fall River School District
4/10
Talbot Innovation School
public Grades 6-8
Fall River School District
2/10
B M C Durfee High School
public Grades 9-12
Fall River School District
Source: GreatSchools.org © 2026. All rights reserved.

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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 in 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.
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