1. Rhode Island
2. Providence
3. 31 Bancroft Street

31 Bancroft Street, Providence, RI 02909

• 6 beds |
• 3 baths |
• 2,998 sqft

Property Description

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.

Listing Status:

Active

Date Added:

June 4, 2025 at 05:00AM

Listing Office:

RE/MAX 1st Choice : 401-943-6111

MLS ID:

1386782

Interior

• General: Tub Shower
• Appliances: DryerGas Water HeaterOvenRangeRefrigeratorWasher
• Laundry: Common Area
• Basement: FullInterior EntryUnfinished
• Flooring: Ceramic TileHardwoodVinyl
• A/C: None
• Heating: BaseboardGasSteamZoned
• Fireplace: Fireplaces: 0

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of RE/MAX 1st Choice