23 Spring St Pawtucket, RI 02860
Pleasant View NeighborhoodEstimated payment $3,167/month
Total Views
2,378
7
Beds
4
Baths
5,412
Sq Ft
$107
Price per Sq Ft
Highlights
- Very Popular Property
- Tennis Courts
- Bathtub with Shower
- Wood Flooring
- Window Unit Cooling System
- Public Transportation
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,025
Year Built
- Built in 1910
Lot Details
- 7,866 Sq Ft Lot
- Fenced
Home Design
- Vinyl Siding
- Plaster
Interior Spaces
- 5,412 Sq Ft Home
- 3-Story Property
- Fireplace Features Masonry
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 10 Parking Spaces
- No Garage
Location
- Property near a hospital
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Heating System Uses Steam
- 100 Amp Service
- Water Heater Leased
Listing and Financial Details
- Tax Lot 236
- Assessor Parcel Number 23SPRINGSTPAWT
Community Details
Overview
- 4 Units
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Tennis Courts
- Recreation Facilities
Matterport 3D Tour
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | For Sale | $579,000 | -- | $107 / Sq Ft |
Source: State-Wide MLS
About the Listing Agent
With over 13 years of real estate experience, Alexander Parmenidez is a trusted REALTOR® with Coldwell Banker Realty, proudly serving clients across Rhode Island and southern New England. He specializes in residential, land, and commercial properties, offering expert guidance through every stage of the buying or selling process. Based near Providence, Alex brings deep knowledge of communities throughout Providence, Kent, and Washington counties. Known for his integrity, consistency, and
Alex's Other Listings
Source: State-Wide MLS
MLS Number: 1403024
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