NOT LISTED FOR SALE

28 Summer St Pawtucket, RI 02860

Downtown Pawtucket Neighborhood
4 Beds
4 Baths
3,461 Sq Ft
3,960 Sq Ft Lot

Last Sold November 25, 2020

Last sale price $200,000 $58 Per Sq Ft

261 Days on Market

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Bathtub with Shower
  • Attic
  • Cooling Available
  • Storage Room

About This Home

As of November 2020

Rare 2 Building investment opportunity, 26 and 28 Summer St., to own the only legal residences currently in the heart of the Historic Downtown Pawtucket District. Located across the street of an approved 60,000 sq ft 27 unit high-end apartment, conference center and office development, the YMCA, Historic Library, future train station and all other amenities including I-95 with a 40 min ride to Boston or 5 min ride to Providence and the East Side, this 4-family is packaged with a connected 5th Single Unit property including 10 off street deeded parking spots! All 5 units have been 100% rehabilitated over the past 2 years. Renovations include new rubber roof, New hardwired fire alarm system (5 family), plumbing, a/c, electrical, granite kitchens, new bathrooms, new exterior features, hardwood flooring, etc. This is a 100% turnkey investment property earning $68,520 in revenue per year as a combined sale of 26 and 28 Summer Street. See MLS #1241091

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 02/07/2020

Engel & Volkers Oceanside

Last Buyer's Agent

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 02/07/2020

Engel & Volkers Oceanside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1890

Lot Details

  • 3,960

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Combination Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,461 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Gas
  • Three-Phase Power
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 3,960 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 0381
  • Assessor Parcel Number 28SUMMERSTPAWT

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Historic Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,010

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Historic Downtown
  • Above Grade Finished Sq Ft: 3461.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Brick
  • Foundation Details: Brick/Mortar, Combination, Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Current Use: Multi-Family
  • Land Lease: No
  • Lot Size Sq Ft: 3960.0
  • Parcel #: 28SUMMERSTPAWT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 4010.0
  • Tax Lot: 0381
  • Tax Year: 2019

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $200,000 -63.0% $58 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $539,900 -- $156 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • The DiSpirito Team

    Seller's Agent in 2020

    The DiSpirito Team

    Engel & Volkers Oceanside

    (401) 244-8355

    471 Total Sales

    The DiSpirito Team
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Map

Source: State-Wide MLS

MLS Number: 1246775

State-Wide MLS

APN: PAWT 430381

Rhode Island Providence County Pawtucket 02860 Downtown Pawtucket

28 Summer St, Pawtucket, RI

Not Listed for Sale

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