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For sale
  • $525,000

    31-33 Bancroft St, Providence, RI 02909

    6beds
    2,997sqft
    : 
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $175/sqft
    $-- HOA

    What's special

    Fully remodeled bathroomFixtures and appliances
    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.
    10 days
    on Zillow
    |
    842
    |
    53
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: July 17, 2025 at 07:32am

    Listed by:

    Jay Rezendes 401-639-3914,

    RE/MAX 1st Choice

    Source: StateWide MLS RI,MLS#: 1390253MLS Logo

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 31-33 Bancroft St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard, Steam, Zoned
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
    • Laundry: Common Area, In Building
    Features
    • Wall (Dry Wall), Wall (Plaster), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood, Vinyl
    • Basement: Full,Interior Entry,Unfinished,Common,Laundry,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,998
    • Total interior livable area: 2,997 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck
    Lot
    • Size: 7,400.84 Square Feet
    • Features: Corner Lot, Sidewalks

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster, Vinyl Siding
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
    • Subdivision: Silver Lake
    HOA
    • Has HOA: No
    Location
    • Region: Providence

    Financial & listing details

    • Price per square foot: $175/sqft
    • Annual tax amount: $6,116
    • Date on market: 7/17/2025
    • Inclusions: DOES NOT MEET THE FHA SELF-SUFFICIENCY TEST - CASH OR CONVENTIONAL FINANCING ONLY Buyer and buyer's agent to do their own due diligence verifying all information. Please present offer on a purchase and sales agreement, have the lender fill out the questionnaire, and email the offer in one file, not multiple files. Assessed Value reflects the 2025 change with a proposed tax rate of $8.25/$14.40 owner/investor.
    • Total actual rent: 4900
    • Tenant pays: Hot Water
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