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Located at 31 Bancroft Street, Providence, Rhode Island 02909, this Multi-Family Home is for Sale with a price of $525,000 USD. The property was built in 1920, includes 6 bedrooms, has 3 full baths. This listing has 2,998 Sq.Ft. of interior space on a lot of .17 Acres. See all Homes for Sale in Providence.
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50. 31 Bancroft Street
1. 31 Bancroft Street
2. 31 Bancroft Street
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Rhode IslandProvidence31 Bancroft Street

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Description

31 Bancroft Street,

Providence, RI 02909

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 2021new 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.

This is an Active listing.

Broker Office Phone Number: 401-943-6111

Copyright © 2025State Wide MLS of Rhode Island, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Deck
  • Refrigerator
  • Tile Flooring
  • Vinyl Flooring
  • Hardwood Flooring
  • Dryer Included
  • Steam Heat
  • Ceramic Flooring
Listing By: Re/Max 1st Choice via Data Source: State Wide MLS of Rhode Island, Inc. 
6
Bedrooms
3
Full Baths
$525,000
price
$175
Price Per Sqft
$6,116
Annual taxes
Multi-Family Home
Property type
1920
Year Built
Providence
School District
Providence
School District
providence-providence-ri
Schools
8135183
Web Id
1390253
MLS ID
8
Days Posted

Price History

listing agent: Jay Rezendes
more info
2,998 Sq Ft.
interior
0.17 Acres
Exterior
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    Reduced

    31 Bancroft Street
    Providence, RI 02909

    $525,000
    6 bd3 ba