31 Bancroft Street
Providence, RI 02909
Map
- 6 beds
- 3 baths
- 2,998 sqft
- 7,401 sqft lot
- $203 per sqft
- 1920 build
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.
Last checked:
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Last updated Jun 15, 2025
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MLS# 1386782 —
The Building
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Year Built:1920
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New Construction:false
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Building Area Total:2998.0
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Construction Materials:Drywall,Plaster,VinylSiding
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Foundation Details:Stone
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Stories Total:2
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Basement:Full,InteriorEntry,Unfinished
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Basement:true
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Patio And Porch Features:Deck
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Exterior Features:Deck,PavedDriveway
Interior
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Interior Features:TubShower
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Flooring:CeramicTile,Hardwood,Vinyl
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Fireplace:false
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Fireplace Features:None
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Laundry Features:CommonArea
Room Dimensions
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Living Area Source:PublicRecords
Location
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Latitude:41.812357
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Longitude:-71.447724
The Property
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Features:CornerLot
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Lot Size Acres:0.1699
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Lot Size Area:7401.0
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Lot Size Square Feet:7401.0
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Lot Size Units:SquareFeet
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Parcel Number:3133BANCROFTSTPROV
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 639-3914
- Office phone:
- (401) 943-6111
Taxes
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Tax Year:2024
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Tax Annual Amount:6116.0
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Tax Assessed Value:518800
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Tax Lot:427
Beds
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Bedrooms Total:6
Baths
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Total Baths:3
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Full Baths:3
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/31-Bancroft-Street-Providence-RI-02909
Heating & Cooling
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Heating:Baseboard,Gas,Steam,Zoned
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Utilities:SewerConnected
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Electric:Amps100,CircuitBreakers
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Sewer:Connected
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Water Source:Connected
Appliances
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Appliances:Dryer,GasWaterHeater,Oven,Range,Refrigerator,Washer
The Community
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Subdivision Name:Silver Lake
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Senior Community:false
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Community Features:Golf,HighwayAccess,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,Sidewalks
Parking
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Parking Total:4.0
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Parking Features:NoGarage
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Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/4/25
Jun 4, 2025
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Listed / Active | RIMLS | $609,900 | 1008.9% (63.0% / YR) |
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6/4/09
Jun 4, 2009
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MLSPIN | $55,000 |
