31 Bancroft Street, Providence, RI 02909
Local realty services provided by:ERA Key Realty Services



Listed by:jay rezendes
Office:re/max 1st choice
MLS#:1390253
Source:RI_STATEWIDE
Price summary
- Price:$525,000
- Price per sq. ft.:$175.12
About this home
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.
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Home facts
- Year built:1920
- Listing Id #:1390253
- Added:28 day(s) ago
- Updated:August 12, 2025 at 05:55 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,998 sq. ft.
Heating and cooling
- Cooling:Ductless
- Heating:Baseboard, Gas, Steam, Zoned
Structure and exterior
- Year built:1920
- Building area:2,998 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$175.12
- Tax amount:$6,116 (2024)
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