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.
For sale
$525,000
31-33 Bancroft St, Providence, RI 02909
6beds
2,997sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$175/sqft
$-- HOA
What's special
Fully remodeled bathroomFixtures and appliances
- 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#: 1390253

Tour with a buyer's agent
Tour with a buyer's agent
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
- Loading
- Loading