Sold
Last Sold Price
7 beds5,412 sqft$102/sqft
23 Spring St, Pawtucket, RI 02860
Multi FamilyProperty Type
7,866 sq ftLot Size
1910Year Built
$102/sq ftPrice per sq ft
10 carsParking Spaces

Description

*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...*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.

Listing Agent

  1. Alexander Parmenidez

    Alexander Parmenidez

    Listing Agent

    Coldwell Banker Realty

    P: (401) 425-6957

Listing closed: 04/03/2026 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1403024

Location

Sold By Real Broker, LLC

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Payment Calculator

$3,328 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,796

Property Taxes

$532

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 23 Spring Street

Property Details
  • Taxes: $6,386 / year
  • MLS Type: Residential Income / 4 Family - 4 Units Up/Down
  • Architectural Style: Stacked
Building Information
  • Stories: 3
  • Residences: 4
  • Year Built: 1910
  • Lot Size: 0.18 AC / 7,866 SF
Summary
Location and General Information
  • City: Pawtucket
  • Community Features: Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts, Sidewalks
  • Country: US
  • Directions: Use GPS.
  • Postal City: Pawtucket
  • Postal Code: 02860
  • Road Frontage Type: Public
  • State Or Province: RI
  • Zoning: RM
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Open Parking Y N: Yes
  • Parking Features: No Garage
  • Parking Total: 10
Taxes and HOA Information
  • Tax Annual Amount: $6,386.00
  • Tax Assessed Value: 485600
  • Tax Book Number: 5091
  • Tax Lot: 236
  • Tax Map Number: 21
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 5412.0
  • Building Area Total: 5412.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Frontage Length: 52
  • Living Area Source: Public Records
  • Lot Size Acres: 0.1806
  • Lot Size Area: 7866.0
  • Lot Size Square Feet: 7866.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 23SPRINGSTPAWT
  • Stories Total: 3
Property and Assessments
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1910
  • Year Built Details: Actual
  • Year Built Source: Public Records
Utilities
  • Electric: Amps100
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
Interior Features
  • Appliances: Water Heater Rented
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: Masonry
  • Fireplaces Total: 1
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Vinyl
  • Heating: Gas, None, Steam
  • Heating Y N: No
  • Interior Features: Tub Shower
  • Levels: 4
  • Rooms Total: 16
  • Spa Y N: No
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 1296.0
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 654.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $.00
  • Occupant Type: Vacant
  • Unit Type Area: 654.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $.00
  • Type: Two Bedroom
  • Occupant Type: Vacant
  • Unit Type Area: 1308.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No
  • Listing Terms: Estate Sale
  • Total Actual Rent: $.00

Property History for 23 Spring Street

DateEvent & SourcePriceAppreciation
Apr 3, 2026

Sold

Rhode Island Association of REALTORS® #1403024

$550,000
Apr 3, 2026

Sold

MLS PIN #73469246

$550,000
Apr 2, 2026

Sold (Public Record)

Public Record #1935539479

$550,000

+18.8% / yr

DateEvent & SourcePrice
04/03/2026

Sold

Rhode Island Association of REALTORS® #1403024

$550,000
04/03/2026

Sold

MLS PIN #73469246

$550,000
04/02/2026

Sold (Public Record)

Public Record #1935539479

$550,000

+18.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 23 Spring Street

Taxable ValueLand$110,200Additions$375,400Total$485,600
Tax Record2025$6,386 ($532 / month)
Home Facts
Baths4Total Finished SqFt3,394 SqFtAbove Grade Finished SqFt3,394 SqFtUnfinished Basement SqFt1,308 SqFtStories3Lot Size7,866 SqFtStyleMulti-Family Res (5+ Units)Year Built1910Year Renovated1910ZoningRMCountyPROVIDENCEAPNPAWT M:21 L:0236

Schools near 23 Spring Street

This home is within Pawtucket School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Nathanael Greene School
PublicPK to 5

Samuel Slater Junior High School
Public6 to 8

Shea High School
Public9 to 12

Flora S. Curtis School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 23 Spring Street, Pawtucket, RI 02860
$550,000
7
5,412
7,866
$108,000
2
957
2
1.5
957
33,956
$340,000
6
2,182
7,841
$199,000
2
1,408
$184,950
2
964

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.