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31 Bancroft Street 33, Providence, RI 02909

Beds
6
Baths
3
Sqft
2,998

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX 1st Choice
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Overview

Well-maintained 3-family home featuring 6 beds & 3 baths with major updates throughout. Roof replaced in 2020. Apartment 31 (top floor) was completely renovated down to the studs in 2021 new electrical, plumbing, insulation, flooring, fixtures & appliances. Apartment 31 (bottom floor) fully gutted and renovated in 2022 with the same level of upgrades. Apartment 33 includes a fully remodeled bathroom and updated electrical. Basement professionally repointed in 2021, ensuring a solid foundation. One boiler replaced in 2024; the other is approx. 8 years old. Two electrical panels: Unit 33 is separately metered and pays its own electric. Units 31 top & bottom include heat, hot water & electricity in rent. Entire property is hardwired for smoke & carbon monoxide detection. Strong rental potential with minimal future maintenance. Airbnb shows average nightly rates of approx. $100 for a 1-bed unit and $186 for a 4-bed, adding short-term rental potential. Perfect for investors or owner-occupants looking for turnkey income. Convenient location near amenities, public transit & highways. A rare opportunity to own a fully updated, structurally sound 3-family with long-term value and multiple income strategies.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
6
Number of bathrooms
3
Square feet
2,998
Lot size (acres)
0.17
Year built
1920

Interior features

Basement
Yes, Unfinished

Exterior features

Area amenities
Golf Course

Utilities

Heating
Natural gas, Baseboard, Steam, Zoned
Cooling
Ductless

Taxes

Tax Annual Amount (2024)
$6,116

Public schools

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Sourced from: StateWide MLS MLS®#: 1390253 Last checked:

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