186 Summit St

pawtucket, RI 02860

$949,000

  • 9 BR
    6 BA
    APPROX. 4,277 SF

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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!

Details

4,277 Sq Ft

0.19 Private Acres Lot Size

Investment

$10,811 Annual Tax

Built in 1900

MLS/Listing ID 73403305

8 Stories

6 Units

Amenities & Features

Community - Public Transportation

Community - Shopping

Community - Park

Community - Medical Facility

Community - Highway Access

Community - Public School

Concrete Perimeter

Parking - Paved

MLSPIN

Source of Data: MLS PROPERTY INFORMATION NETWORK

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TOTAL MONTHLY COST

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