186 Summit ST Active

Pawtucket,RI 02860

$ 949000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Quality Hill

MLS Listing ID 1389785

Year Built 1900

Annual Tax Amount $1,518

Tax Year 2024

Lot Size 5,227 Sqft

Property Sub-Type Commercial

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

Community Quality Hill

Zoning RM

Interior

Heating Baseboard,Forced Air

Laundry Common Area

Exterior

Community Features Highway Access,Near Schools,Public Transportation,Recreation Area,Restaurant

Utilities Available Sewer Connected

Building

Sewer Connected

Water Connected

Structure Type Frame

New Construction No

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