Updated Two-Family
107 Spring Street, Pawtucket, RI 02860
New
MULTI_FAMILY - Pawtucket, RI
Property size:
2,072 SFLot size:
0.11 AcresPrice / SF:
$255/SF- Added:
- Jun 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 12 at 1:06 am
Property Features for 107 Spring Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bedroom 1, Basement, Bedroom 2, Bathroom 1, Bedroom 3
- Parking
- 2
- Parking features
- Garage
- Interior features
- Attic, Attic Stairs, Attic Storage, Internal Expansion, Stairs, Insulation (Unknown)
- Basement
- Full, Unfinished, Storage Space
- Appliances
- Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 2,072 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5047
Utilities
- Heating system
- Natural Gas, Baseboard, Forced Air, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Vinyl Siding
- Additional Structures
- Storage
Listing agent Lauren Sousa (401) 465-0417
Listing office Ri Real Estate Services 631 Main Street, East Greenwich, RI (401) 885-5400
Listing date Jun 11, 2026
MLS# 1414897
Listing URL
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2‑family home with 1 vacant unit (first floor) plus a second‑floor 1‑bedroom apartment
- Updated kitchen and bathroom on the second floor, with room to expand into the attic
- Basement includes newer mechanicals, plenty of storage, and shared washer and dryer
- Private fenced backyard with a shed for additional storage
- Hardwood and ceramic tile flooring; vinyl siding construction; built in 1900
- Utilities and services include public water; heating includes natural gas and electric with baseboard, forced air, and gas water heater
Overview
This updated two-family residence at 107 Spring Street offers two distinct apartments over separate levels. The first-floor unit includes two bedrooms and 1.5 baths, and it is currently vacant. The second-floor apartment is a spacious one-bedroom unit with an updated kitchen and bathroom, with room described to expand up to the attic for a townhouse-style layout. A clean, well-kept basement includes newer mechanicals, ample storage, and shared washer and dryer facilities. The property also features a private fenced-in backyard and a shed for additional storage.
The home is located in Pawtucket, in the Quality Hill area. Public remarks note proximity to major routes and transit, including being one minute to I-95 and five minutes to the train. The property is also described as within walking distance to schools, with approximate travel times to Providence and Boston.
For buyers considering owner-occupancy, the vacant first-floor unit can support living on-site while collecting rental income from the second-floor apartment. Alternatively, it may appeal to investors or owner-operators looking to lease both units, supported by the property’s updated interiors and newer mechanicals alongside shared laundry and organized storage in the basement.
The home is located in Pawtucket, in the Quality Hill area. Public remarks note proximity to major routes and transit, including being one minute to I-95 and five minutes to the train. The property is also described as within walking distance to schools, with approximate travel times to Providence and Boston.
For buyers considering owner-occupancy, the vacant first-floor unit can support living on-site while collecting rental income from the second-floor apartment. Alternatively, it may appeal to investors or owner-operators looking to lease both units, supported by the property’s updated interiors and newer mechanicals alongside shared laundry and organized storage in the basement.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.7k | $25.44 |
| − Vacancy | −$3.4k | −$1.65 |
| EGI | $49.3k | $23.79 |
| − OpEx | −$14.8k | −$7.14 |
| NOI | $34.5k | $16.65 |
2,072 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$492.9K
$431.3K – $575.0K
NOI $34,500 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$391.1K
$342.3K – $456.3K
NOI $27,380 @ 7.0% cap · market cap 5.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Pawtucket
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.373875
- Latitude
- 41.879373
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Immaculate two-family home with a vacant first-floor unit, two bedrooms, and private outdoor space in Pawtucket.
Where is this duplex located?
The property is located at 107 Spring Street Pawtucket, RI.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 2‑family home with 1 vacant unit (first floor) plus a second‑floor 1‑bedroom apartment; Updated kitchen and bathroom on the second floor, with room to expand into the attic; Basement includes newer mechanicals, plenty of storage, and shared washer and dryer
