$949,000 ($221.88 per sqft)

Est. Mortgage $4,861/mo *

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186 Summit St, Pawtucket, RI, 02860

186 Summit St, Pawtucket, RI, 02860

23 rooms

9 beds

6 Full baths

1900

4,277 sqft

Investors and developers—a rare opportunity to own a fully updated six-unit converted mansion with outstanding upside potential. The property features three spacious two-bedroom, two-bath units, each with in-unit laundry, & three modern one-bedroom, one-bath units. Inside, you’ll find a dramatic leather-walled foyer & a grand staircase, with all units offering updated tile baths, newer kitchens, & hardwood floors. Heating is efficient & reliable with three gas forced hot air systems & three gas baseboard systems. The exterior is maintenance-free, & the large yard provides ample parking. There is an extra lot, which may be buildable, is available for separate purchase, though parking is plentiful without it. The building is currently occupied by long-term tenants on predominantly month-to-month leases at below-market rents, giving you immediate value-add potential. This turnkey investment offers condo conversion possibilities and impressive curb appeal. Truly a significant investment!


Status:

Active

Type:

Multi-family

Units:

6

Zoning:

RM

Basement:

Full

Levels:

8

Parking:

6-car, Paved Drive

Acreage:

0.19

Est. Taxes:

$10,811

Assessment

$500,500

Amenities:

Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School

MLS #:

73361539


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Joy Riley, Westcott Properties