23 Spring St, Pawtucket, RI 02860

* 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.

Four-unit multi-family investment opportunity in Pawtucket, RI offering strong value-add potential. This property includes over 3,912 sq ft of living space with a flexible unit mix ideal for renovation and repositioning. The first floor features a 2-bedroom, 1-bath unit with potential to convert to 3 bedrooms. The second floor offers two separate 1-bedroom, 1-bath units, while the third floor includes a 3-bedroom, 1-bath unit, allowing multiple strategies for income optimization. The building is serviced by gas with separate electric meters for each unit plus a house meter. Basement provides utility and storage space. Conveniently located near downtown Pawtucket, shopping, dining, schools, parks, hospitals, major highways, and the Pawtucket–Central Falls Station, offering strong commuter access to Providence and Boston. Ideal for flippers, investors, or contractors seeking a multi-family home with upside, expansion potential, and long-term value. Schedule you