Seller's Agent in 2025
Joy Riley
Westcott Properties
(401) 952-7887
4 in this area
290 Total Sales
186 Summit St Pawtucket, RI 02860
Quality Hill Neighborhood
9
Beds
6
Baths
4,277
Sq Ft
8,200
Sq Ft Lot
Highlights
- Medical Services
- Park
- Shops
- Property is near public transit and schools
About This Home
As of December 2025Investors 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,811
Year Built
- Built in 1900
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 4,277 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- 6 Open Parking Spaces
Additional Features
- 8,200 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $9,600
- Tax Lot 0624
- Assessor Parcel Number M:24 L:0624,403282
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
Building Details
- Electric Expense $700
- Insurance Expense $4,000
- Water Sewer Expense $6,000
- Operating Expense $20,500
- Net Operating Income $94,700
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/30/2025 12/30/25 | Sold | $900,000 | -5.2% | $210 / Sq Ft | |
| 12/08/2025 12/08/25 | Pending | -- | -- | -- | |
| 12/08/2025 12/08/25 | For Sale | $949,000 | +458.2% | $222 / Sq Ft | |
| 10/27/2025 10/27/25 | Sold | $170,000 | -5.0% | -- | View Prior Sale |
| 07/11/2025 07/11/25 | Pending | -- | -- | -- | |
| 05/20/2025 05/20/25 | For Sale | $179,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,582 | $500,500 | $104,800 | $395,700 |
| 2024 | $10,811 | $500,500 | $104,800 | $395,700 |
| 2023 | $5,753 | $339,600 | $87,300 | $252,300 |
| 2022 | $5,631 | $339,600 | $87,300 | $252,300 |
| 2021 | $5,631 | $339,600 | $87,300 | $252,300 |
| 2020 | $5,567 | $266,500 | $87,300 | $179,200 |
| 2019 | $5,567 | $266,500 | $87,300 | $179,200 |
| 2018 | $5,365 | $266,500 | $87,300 | $179,200 |
| 2017 | $5,753 | $253,200 | $87,300 | $165,900 |
| 2016 | $5,543 | $253,200 | $87,300 | $165,900 |
| 2015 | $5,543 | $253,200 | $87,300 | $165,900 |
| 2014 | $5,638 | $244,500 | $78,600 | $165,900 |
Source: Public Records
Agents Affiliated with this Home
-
Joy Riley
-
Merysa Berrios Sevilla
M
Buyer's Agent in 2025
Merysa Berrios Sevilla
Vicente Realty, LLC
(508) 493-7792
3 in this area
90 Total Sales
-
N
Buyer's Agent in 2025
Non Member
Non Member Office
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73460674
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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