31 Gilmore Street, Providence, RI 02907
Local realty services provided by:ERA Empire Real Estate
Listed by: the innoventure team
Office: century 21 visionary group
MLS#:1411713
Source:RI_STATEWIDE
Price summary
- Price:$640,000
- Price per sq. ft.:$225.75
About this home
This well-maintained 6-bedroom 3-bathroom multifamily property presents a strong investment opportunity for both owner occupants and traditional investors. "The Gilmore" is currently operated as a successful short term rental property, generating 6 figure rental income. This property can also be operated as a traditional multi-family rental with estimated rent roll exceeding $57k. This can also be a great opportunity for multi-generational and owner-occupied living while building equity. Recent capital improvements include the installation of two new boilers, blow-in insulation for efficiency, a new water main, and no-maintenance PEX plumbing throughout. If the buyer wishes to continue operating the property as a short term rental, the seller is willing to stay onboard to support the transitional period and offer consulting as part of the transaction. Furnishings, linens, and all fixtures (excluding artwork) are negotiable. Established operational systems, including housekeeping, laundry services, and a dedicated handyman, are in place to support continued operations if the buyer chooses to continue with short term rentals. This property can be delivered as a turn-key short term rental, or vacant and ready for its new owner and tenants....
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Home facts
- Year built:1930
- Listing ID #:1411713
- Added:55 day(s) ago
- Updated:June 29, 2026 at 01:01 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Flooring:Ceramic Tile, Laminate
- Bathrooms Description:Tub Shower
- Kitchen Description:Microwave, Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
- Living area:2,835 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas, Hot Water
Structure and exterior
- Year built:1930
- Building area:2,835 sq. ft.
- Lot area:0.08 Acres
- Construction Materials:Vinyl Siding
- Foundation Description:Combination
Utilities
- Water:Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$640,000
- Price per sq. ft.:$225.75
- Tax amount:$5,466 (2025)
Features and amenities
- Appliances:Microwave, Range, Refrigerator
- Amenities:Gas Water Heater
Parking
- Total parking spaces:6
- Parking description:No Garage
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