23 Spring Street

Off Market

23 Spring Street

Pawtucket RI 02860

5412 sq. ft.

7866 sq. ft.

Multi-Family

Last sold for $550,000

Alexander Parmenidez, last sold this property on 03 April 2026 after 76 days on market.

Overview

*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.

Features

7 bedrooms

4 bathrooms

10 carspaces

5412 sq. ft. floor area

7866 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in Pawtucket over the last 12 months, the estimated median property value of 23 Spring Street is $620k.

Median value

$620k

Estimated value range

$365k - $725k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Pawtucket. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Spring Street

2026

Sold

$550,000

03 Apr 2026 by Alexander Parmenidez, of Coldwell Banker Realty

Happy sellers in Pawtucket

95%

95% of sellers in Pawtucket reported that their sale price either exceeded or met their price expectations.

Pawtucket stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Pawtucket over the last 12 months.

Local market activity for 7 bedroom multi families in Pawtucket

In the last 12 months, 8 seven-bedroom multi families similar to 23 Spring Street, have been sold.

This represents a 19% increase in seven-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Pawtucket for a market analysis.

Mark Raymond

at Residential Properties Ltd.

(17 reviews)

Get a market analysis

Lisa Foster Pacheco

at REMAX River's Edge | Bristol

(19 reviews)

Get a market analysis

Larry Amara

at Realty ONE Group Suburban Lifestyle | Franklin

(3 reviews)

Get a market analysis

Norma Caiazza

at Coldwell Banker Realty - East Greenwich

(3 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Pawtucket

Mark Raymond

Mark Raymond is an award winning recommended agent for Pawtucket. They have 2 local sales and collected 2 local reviews across the last 12 months.

5 (17 reviews)
2 Reviews in Pawtucket
2 Sales in Pawtucket

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Lisa Foster Pacheco

Lisa Foster Pacheco is an award winning recommended agent for Pawtucket. They have 2 local sales and collected 1 local review across the last 12 months.