$949,000

186 Summit Street, Pawtucket, RI 02860

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

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!

Listing Status:
Active
Date Added:
June 2, 2025 at 05:00AM
Listing Office:
Westcott Properties : 401-421-5300
MLS ID:
1386522
  • Laundry: Common Area
  • Basement: Full
  • Heating: BaseboardForced Air

This listing courtesy of Westcott Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Agnes E. Little Elementary School

60 S Bend St, Pawtucket, RI, 02860

Grades KG-5

0.41 miles away

J

Joseph Jenks Middle School

350 Division St, Pawtucket, RI, 02860

Grades 6-8

0.41 miles away

J

Jacqueline M. Walsh School

350 Division St, Pawtucket, RI, 02860

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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