23 Spring ST, Pawtucket, RI 02860 – 1403024 - Kathleen Sposato

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Kathleen Sposato

soldwithsposato@gmail.com +1(508) 523-8632

$579,000

Est. payment - /mo

7 Beds

4 Baths

5,412 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,412 sqft

Price per Sqft $106

MLS Listing ID 1403024

Style Stacked

Bedrooms 7

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 5,412

Year Built 1910

Annual Tax Amount $2,025

Lot Size 7,866 Sqft

Acres 0.1806

Property Sub-Type Multi Family

Property Description

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.

Location

State RI

County Providence

Zoning RM

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Tub Shower

Heating Gas, None, Steam

Cooling Window Unit(s)

Flooring Hardwood, Vinyl

Fireplaces Number 1

Fireplaces Type Masonry

Fireplace Yes

Appliance Water Heater Rented

Exterior

Fence Fenced

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks

Total Parking Spaces 10

Garage No

Building

Sewer Public Sewer

Water Public

Architectural Style Stacked

Structure Type Plaster,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 23SPRINGSTPAWT

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Listed by Coldwell Banker Realty

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Kathleen Sposato

+1(508) 523-8632

Broker | License ID: 9084437

Broker License ID: 9084437

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23 Spring ST Pawtucket, RI 02860

Kathleen Sposato

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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23 Spring ST