Sold
Last Sold Price
4 beds
43 Spring St, Pawtucket, RI 02860
Multi FamilyProperty Type
0.28 acresLot Size
1900Year Built
8 carsParking Spaces

Description

Gorgeous six unit in the heart of Quality Hill! This money maker is the next purchase for you to build up your portfolio! Current pro-forma cap number coming in over 9% - great value add property with tons of cash flow. Great location with high rental potential, expect no vacancies in this one going forward. Multiple renovations have been made to this property. This property has unique character, ample driveway space, and a three car garage that are being used for storage but could be getting extra...Gorgeous six unit in the heart of Quality Hill! This money maker is the next purchase for you to build up your portfolio! Current pro-forma cap number coming in over 9% - great value add property with tons of cash flow. Great location with high rental potential, expect no vacancies in this one going forward. Multiple renovations have been made to this property. This property has unique character, ample driveway space, and a three car garage that are being used for storage but could be getting extra $$ rental income. P&L Available upon request.
  • Listed by: Katie Wright 570.856.3436 Katie@c21premieragency.com Brokerage DRE #REC.0005226 • Century 21 Premier Agency
Listing closed: 10/16/2023 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1336826

Recent comparable sales

Median sold price

$600,000

Avg days on market

41

Sale-to-list ratio

101.0%

Pawtucket, RI

9 comparable properties found

$580,000 | 181 South Bend Street, Pawtucket, RI 02860
1/41
1

$580,000

Sold 09/12/25

4
Bedrooms
2,066
Square Feet
0.17
Acres
$600,000 | 605 Armistice Boulevard, Pawtucket, RI 02861
1/36
2

$600,000

Sold 09/27/24

4
Bedrooms
2,093
Square Feet
0.13
Acres
$520,000 | 163 Robinson Avenue, Pawtucket, RI 02861
1/36
3

$520,000

Sold 12/31/24

4
Bedrooms
3,112
Square Feet
0.1
Acres
$515,000 | 359 Williston Way, Pawtucket, RI 02861
1/47
4

$515,000

Sold 06/02/26

4
Bedrooms
2,100
Square Feet
0.15
Acres
$655,000 | 42 French Street, Pawtucket, RI 02860
1/40
5

$655,000

Sold 03/03/25

5
Bedrooms
2,792
Square Feet
0.13
Acres
$475,000 | 47 Bloomingdale Avenue, Pawtucket, RI 02860
1/40
6

$475,000

Sold 08/28/25

4
Bedrooms
2,368
Square Feet
0.09
Acres
$640,000 | 92 India Street, Pawtucket, RI 02860
1/47
7

$640,000

Sold 12/22/25

4
Bedrooms
5,970
Square Feet
0.14
Acres
$810,000 | 16 Progress Street, Pawtucket, RI 02860
1/34
8

$810,000

Sold 03/13/25

4
Bedrooms
2,026
Square Feet
0.11
Acres
$865,000 | 640 East Avenue, Pawtucket, RI 02860
1/51
9

$865,000

Sold 12/15/25

4
Bedrooms
3,178
Square Feet
0.19
Acres

Location

Listing Courtesy of Century 21 Premier Agency

Sold By Williams & Stuart Real Estate

Add your commute

Payment Calculator

$4,753 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,990

Property Taxes

$763

HOA Dues

$0

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Property Information for 43 Spring Street

Property Details
  • Taxes: $9,158 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: Quality Hill
Building Information
  • Stories: 3
  • Residences: 3
  • Year Built: 1900
  • Lot Size: 0.28 AC / 12,197 SF
Summary
Location and General Information
  • City: Pawtucket
  • Community Features: Highway Access, Near Schools, Public Transportation, Restaurant, Sidewalks
  • Postal City: Pawtucket
  • Postal Code: 02860
  • Postal Code Plus4: 3083
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage Y N: Yes
  • Parking Features: Detached, Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $9,158.00
  • Tax Assessed Value: 315600
  • Tax Lot: 0314
  • Tax Year: 2022
Property
Lot Information
  • Above Grade Fin SQFT: 0.0
  • Building Area Total: 0.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.28
  • Lot Size Area: 12197.0
  • Lot Size Square Feet: 12197.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 43SPRINGSTPAWT
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Conventional
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 9,565,371,342
Utilities
  • Electric: Amps200Or More
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood
  • Heating: Baseboard, Oil
  • Heating Y N: Yes
  • Interior Features: Tub Shower, Cable Tv
  • Rooms Total: 13
Multi Family
Income & Expenses Information
  • Operating Expense: $17,166.00
Unit 1 Information
  • Actual Rent: $950.00
  • Unit Type Area: 800.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $950.00
  • Unit Type Area: 800.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $950.00
  • Unit Type Area: 1000.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 43 Spring Street

DateEvent & SourcePriceAppreciation
Oct 16, 2023

Sold (Public Record)

Public Record #1520301422

$785,000

+9.3% / yr

Oct 16, 2023

Sold

Rhode Island Association of REALTORS® #1336826

$785,000
Aug 17, 2023

Contract Signed

Rhode Island Association of REALTORS® #1336826

DateEvent & SourcePrice
10/16/2023

Sold (Public Record)

Public Record #1520301422

$785,000

+9.3% / yr

10/16/2023

Sold

Rhode Island Association of REALTORS® #1336826

$785,000
08/17/2023

Contract Signed

Rhode Island Association of REALTORS® #1336826

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

Public Records for 43 Spring Street

Taxable ValueLand$112,200Additions$539,000Total$651,200
Tax Record2025$8,563 ($714 / month)
Home Facts
Baths6Total Finished SqFt4,064 SqFtAbove Grade Finished SqFt4,064 SqFtUnfinished Basement SqFt1,761 SqFtStories2Lot Size12,280 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1900ZoningRMCountyPROVIDENCEAPNPAWT M:21 L:0314

Schools near 43 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: 43 Spring Street, Pawtucket, RI 02860
$785,000
4
12,197
$623,520
3
2.5
2,576
8,985
3
3,236
7,877
4
6,464
12,050
$340,000
6
2,182
7,841
$375,000
2
4,301
6,724

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.

Listing Courtesy of Century 21 Premier Agency

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.