23 Spring Street, Pawtucket, RI 02860
Local realty services provided by:ERA Key Realty Services
23 Spring Street,Pawtucket, RI 02860
$579,000
- 7 Beds
- 4 Baths
- 5,412 sq. ft.
- Multi-family
- Pending
Listed by: alexander parmenidez
Office: coldwell banker realty
MLS#:1403024
Source:RI_STATEWIDE
Price summary
- Price:$579,000
- Price per sq. ft.:$106.98
About this home
*FLIPPERS or 203K BUYERS*. Located in the heart of Pawtucket, this four-unit multifamily investment opportunity is ideal for flippers and value-add investors seeking scale, flexibility, and upside. Set on a 7,866-square-foot lot, the property offers over 3,912 square feet of living space with a layout that supports multiple renovation strategies and income optimization. The first-floor unit features two bedrooms and one full bathroom, with potential to convert to a three-bedroom, creating immediate value-add potential. The second floor includes two separate one-bedroom, one-bath units, well suited for maximizing rental income. The third floor offers a three-bedroom, one-bath unit, appealing to tenants seeking additional living space. The property includes ample on-site parking, gas service, separate electric meters for each unit, and a house meter, providing a solid operational foundation. A full basement adds valuable storage and utility space, supporting future improvements or system upgrades. Conveniently located near Pawtucket Central Falls Station, major highways, and downtown Pawtucket, this location supports strong commuter demand with easy access to Providence and Boston. Nearby amenities, shopping, dining, and transit enhance long-term rental appeal. This is a compelling opportunity for investors looking to renovate, reposition, and unlock equity in a well-located multifamily asset within a growing Pawtucket market....
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Home facts
- Year built:1910
- Listing ID #:1403024
- Added:72 day(s) ago
- Updated:March 19, 2026 at 07:19 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:16
- Flooring:Hardwood, Vinyl
- Bathrooms Description:Tub Shower
- Basement:Yes
- Basement Description:Full, Interior Entry, Unfinished
- Living area:5,412 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Gas, Steam
Structure and exterior
- Year built:1910
- Building area:5,412 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Plaster, Vinyl Siding
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$579,000
- Price per sq. ft.:$106.98
- Tax amount:$6,386 (2025)
Features and amenities
- Amenities:Water Heater Rented
Parking
- Total parking spaces:10
- Parking description:No Garage
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