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186 Summit St Pawtucket, RI 02860
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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,277 sqft
Price per Sqft $210
MLS Listing ID 73460674
Bedrooms 9
Full Baths 6
Year Built 1900
Annual Tax Amount $10,811
Tax Year 2024
Lot Size 8,276 Sqft
Property Sub-Type 5-9 Family
Property Description
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!
Location
State RI
County Providence
Zoning RM
Exterior
Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
Building
Story 8
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Read Less
Bought with Merysa Berrios Sevilla • Vicente Realty, LLC
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