43 Spring Street

Pawtucket, RI 02860

$785,000
Last Sold Price
4
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.
  1. Listed by Katie Wright • Century 21 Premier Agency

Property Details for 43 Spring Street

Subdivision Name
Quality Hill

Location

Listing Courtesy of Century 21 Premier Agency

Sold By Williams & Stuart Real Estate

Add your commute
LISTING UPDATED: 10/17/2023 07:39 AM

Property Details for 43 Spring Street

StatusClosed
MLS #1336826
Days on Market40
Taxes$9,158 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.28 AC / 12,197 SF
CountyProvidence County

Location

Listing Courtesy of Century 21 Premier Agency

Sold By Williams & Stuart Real Estate

Add your commute

Building Information for 43 Spring Street

Stories3Residences3Year Built1900Building Size-Lot Size0.28 AC / 12,197 SF

Payment Calculator

$5,047 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,284

Property Taxes

$763

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 43 Spring Street

Summary
Location and General Information
  • Community Features: Highway Access, Near Schools, Public Transportation, Restaurant, Sidewalks
  • Postal City: Pawtucket
  • Postal Code Plus 4: 3083
  • County: Providence
  • City: Pawtucket
Parking
  • Attached Garage: No
  • Covered Spaces: 3
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Lot Size Acres: 0.28
  • Lot Size Area: 12197.0
  • Lot Size Square Feet: 12197.0
  • Lot Size Units: Square Feet
  • Building Area Total: .00
  • Parcel Number: 43SPRINGSTPAWT
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Construction Materials: Drywall, Vinyl Siding
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Stories Total: 3
  • Year Built: 1900
  • Property Type: Residential Income
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Oil
  • Heating: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Structure Type: Apartment
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Fireplace Features: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood
  • Interior Features: Tub Shower, Cable TV
  • Rooms Total: 13
MultiFamily
Income & Expenses
  • Operating Expense: $17,166
Unit 1
  • Unit Type 1: 1 Bedroom
  • Unit Type Actual Rent 1: $950.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
Unit 2
  • Unit Type 2: 1 Bedroom
  • Unit Type Actual Rent 2: $950.00
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
Unit 3
  • Unit Type 3: 2 Bedroom
  • Unit Type Actual Rent 3: $950.00
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
Rental Information
Rent Information
  • Land Lease: false

Property History for 43 Spring Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 43 Spring Street

Taxable ValueLand$93,500Additions$222,100Total$315,600
Tax Record2023$5,346 ($446 / month)
Home Facts
Baths6Total Finished SqFt3,559 SqFtAbove Grade Finished SqFt3,559 SqFtStories2Lot Size12,280 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningRMCountyPROVIDENCEAPNPAWT M:21 L:0314

Schools near 43 Spring Street

This home is within Pawtucket School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Agnes E. Little School
PublicK to 5

Joseph Jenks Junior High School
Public6 to 8

William E. Tolman High School
Public9 to 12

Jacqueline M. Walsh School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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.