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For sale
  • $949,000

    186 Summit St, Pawtucket, RI 02860

    9beds
    4,277sqft
    : 
    5-9 Family
    Built in 1900
    -- sqft lot
    $929,600 Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Modern one-bedroom one-bath unitsLarge yardAmple parkingIn-unit laundrySpacious two-bedroom two-bath unitsUpdated tile bathsNewer kitchens
    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!
    8 days
    on Zillow
    |
    493
    |
    14
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    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 12:10am

    Listed by:

    Joy Riley,

    Westcott Properties

    Source: MLS PIN,MLS#: 73361539
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    • Full bathrooms: 6
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 4,277
    • Total interior livable area: 4,277 sqft
    • Finished area above ground: 4,277

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved Drive
    • Has uncovered spaces: Yes
    Lot
    • Size: 8,200 Square Feet
    Details
    • Parcel number: M:24 L:0624,341061
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
    Location
    • Region: Pawtucket

    Financial & listing details

    • Price per square foot: $222/sqft
    • Tax assessed value: $500,500
    • Annual tax amount: $10,811
    • Date on market: 4/18/2025
    • Total actual rent: 4375
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