31 Bancroft Street, Providence, Rhode Island 02909





Listed By Re/Max 1st Choice
The Multi Family Home for Sale located at Providence, Rhode Island 02909 is currently for sale. Providence, Rhode Island 02909 is listed for $549,900. This property has 6 bedrooms, 3 bathrooms, Golf Course Holes, Total Parking features. If the property located at Providence, Rhode Island 02909 isn't what you're looking for, visit https://www.rilivingglobal.com to see other Multi Family Homes for Sale in Providence .
Date Updated : Jun 26, 2025
MLS#: 1386782
$549,900 USD
- TypeMulti Family Home
- Bedrooms6
- Bathrooms3
Property features
Key features
- Golf Course Holes
- Total Parking
Construction details
- Year built: 1920
Other features
- Property features: Laundry Area In Basement Deck
- Appliances: Gas Water Heater Oven / Range Washer Refrigerator Dryer
- Heating system: Baseboard Natural Gas Steam Zoned
Area
- Land/Lot size:
688 m² (7,401 ft²) - Bedrooms: 6
- Bathrooms: 3
- Total rooms: 9
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.