23 Spring Street, Pawtucket, RI, 02860
16 rooms
7 beds
4 Full baths
1910
Stacked
*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.
Status:
Pending
Type:
Multi-family
Units:
4
Zoning:
RM
Frontage:
52
Garage:
No Garage
Heating:
Gas, None, Steam
Cooling:
Window Unit(s)
Basement:
Full, Interior Entry, Unfinished
Parking:
10-car
Acreage:
0.18
Est. Taxes:
$6,386
Assessment
$485,600
Construction
Plaster,Vinyl Siding
Amenities:
Highway Access, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
Days on Market:
41
Appliances:
Water Heater Rented
MLS #:
1403024
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Coldwell Banker Realty 401-351-2017