31 Bancroft St

Off Market

31 Bancroft St

Providence RI 02909

2998 sq. ft.

7401 sq. ft.

Multi-Family

Last sold for $535,000

Jay Rezendes, last sold this property on 15 September 2025 after 102 days on market.

Overview

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.

Features

6 bedrooms

3 bathrooms

4 carspaces

2998 sq. ft. floor area

7401 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Providence over the last 12 months, the estimated median property value of 31 Bancroft St is $622k.

Median value

$622k

Estimated value range

$350k - $865k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Providence. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31 Bancroft St

2025

Sold

$535,000

15 Sep 2025 by Jay Rezendes, of RE/MAX 1ST Choice

2023

Rented

Undisclosed

31 Aug 2023 by RE/MAX 1ST Choice

2020

Sold

$265,000

25 Sep 2020 by Prem Prop RI Team, of Keller Williams Realty NRI

Happy sellers in Providence

We have insufficient information to provide an overview of customer satisfaction for Providence. Viewing the agent profiles, reviews and sales for Providence can provide insights for this location.

Local market activity for 6 bedroom multi families in Providence

In the last 12 months, 41 six-bedroom multi families similar to 31 Bancroft St, have been sold.

This represents a 16% decrease in six-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Providence for a market analysis.

Lisa Foster Pacheco

at RE/MAX River's Edge | Bristol

(19 reviews)

Get a market analysis

Suzanne Gelven

at Realty ONE Group Dream Makers | Taunton

(122 reviews)

Get a market analysis

Fernanda Diaz

at The Network

(27 reviews)

Get a market analysis

Juan Tejada

at Homesmart Professionals Re

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Providence

Lisa Foster Pacheco

Lisa Foster Pacheco is an award winning recommended agent for Providence. They have 2 local sales and collected 1 local review across the last 12 months.

5 (19 reviews)
1 Review in Providence
2 Sales in Providence

View profile

Suzanne Gelven

Sellers who recommend Suzanne Gelven have praised them for being local expert, responsive, clear communication, patient, supportive, well-prepared, and friendly