186 Summit, Pawtucket, RI, 02860

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!

Commercial/Business
$949,000
Location
City/TownPawtucket
CountyProvidence
Community FeaturesBus, Commuter Bus, Highway Access, Recreational Facilities, Restaurants, Schools
Interior
HeatingBaseboard, Forced Air
Interior FeaturesCeiling Height (7 to 9 Ft)
Additional Information
Tax Assessment$500,500
ZoningRM
Listed By: Westcott Properties

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