Samuel Alba
Responds Quickly
Innovations Realty
(401) 406-4077
511 Total Sales
4 in Quality Hill
$49K - $500K Price Range
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!
Last Buyer's Agent
Merysa Berrios Sevilla
Vicente Realty, LLC
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,811
Year Built
- Built in 1900
Lot Details
- 8,200
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2025
Closed on
Oct 27, 2025
Sold by
Bought by
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Non Member
Non Member Office
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Views
14
Purchase Details
Closed on
May 23, 2025
Sold by
Bought by
Purchase Details
Closed on
Dec 29, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 22, 2011
Sold by
Bought by
Purchase Details
Closed on
May 24, 2011
Sold by
Bought by
Purchase Details
Closed on
Oct 11, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Quality Hill, RI
-
Samuel Alba
-
Louis Barrows
Louis Barrows
Keller Williams Leading Edge
(401) 208-2129
237 Total Sales
1 in Quality Hill
$625,000 Price
-
Brian Balestracci
Brian Balestracci
Milestone Realty, Inc.
(774) 713-8941
129 Total Sales
1 in Quality Hill
$480,000 Price
-
Jose Duce Rocher
JD
Jose Duce Rocher
Century 21 Limitless
(781) 633-6951
153 Total Sales
1 in Quality Hill
$305,000 Price
-
Remi Lanoie
Remi Lanoie
Yorway Realty
(401) 406-8889
107 Total Sales
2 in Quality Hill
$535K - $675K Price Range
-
S & O Rhode Island Group
S & O Rhode Island Group
Smith and Oak Real Estate Co.
(401) 592-5919
73 Total Sales
1 in Quality Hill
$330,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $170,000 | -- | ||
| -- | -- | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| $1,115 | -- | ||
| $780 | -- | ||
| $780 | -- | ||
| $240,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,200,000 | ||
| Previous Owner | $190,000 | ||
| Previous Owner | $112,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2025
Joy Riley
Westcott Properties
(401) 952-7887
4 in this area
257 Total Sales
-
MB
Buyer's Agent in 2025
Merysa Berrios Sevilla
Vicente Realty, LLC
-
NM
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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