Seller's Agent in 2025
Jay Rezendes
RE/MAX 1st Choice
(401) 639-3914
1 in this area
121 Total Sales
31 Bancroft St Providence, RI 02909
Silver Lake Neighborhood
6
Beds
3
Baths
2,998
Sq Ft
7,401
Sq Ft Lot
Highlights
- Golf Course Community
- Wood Flooring
- Recreation Facilities
- Deck
- Corner Lot
- Ductless Heating Or Cooling System
About This Home
As of September 2025Well-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 Agent to Sell the Property
RE/MAX 1st Choice License #RES.0035367 Listed on: 07/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,116
Year Built
- Built in 1920
Lot Details
- 7,401 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 2,998 Sq Ft Home
- 2-Story Property
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Utilities
- Ductless Heating Or Cooling System
- Zoned Heating
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Additional Features
- Deck
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- The owner pays for hot water
- Tax Lot 427
- Assessor Parcel Number 3133BANCROFTSTPROV
Community Details
Overview
- 3 Units
- Silver Lake Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Golf Course Community
- Recreation Facilities
Building Details
- Operating Expense $10,164
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/15/2025 09/15/25 | Sold | $535,000 | +1.9% | $178 / Sq Ft | |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- | |
| 07/17/2025 07/17/25 | For Sale | $525,000 | 0.0% | $175 / Sq Ft | |
| 08/31/2023 08/31/23 | Rented | $1,900 | 0.0% | -- | |
| 08/15/2023 08/15/23 | For Rent | $1,900 | 0.0% | -- | |
| 08/09/2023 08/09/23 | Under Contract | -- | -- | -- | |
| 08/04/2023 08/04/23 | Price Changed | $1,900 | -5.0% | $1 / Sq Ft | |
| 07/12/2023 07/12/23 | For Rent | $2,000 | 0.0% | -- | |
| 09/25/2020 09/25/20 | Sold | $265,000 | +2.0% | $57 / Sq Ft | View Prior Sale |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- | |
| 06/08/2020 06/08/20 | For Sale | $259,900 | -- | $56 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jay Rezendes
-
Anthony Mattera
Buyer's Agent in 2025
Anthony Mattera
Hope Real Estate
(401) 787-8636
4 in this area
113 Total Sales
-
L
Seller's Agent in 2020
Lailanie Emocling
Premier Properties RI
-
Randy Estrella
Buyer's Agent in 2020
Randy Estrella
Venture
(508) 558-9084
24 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1390253
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