31 Gilmore St Providence, RI 02907
West End NeighborhoodEstimated payment $3,780/month
Highlights
- Attic
- Public Transportation
- Property near a hospital
- Bathtub with Shower
- Shops
- 5-minute walk to Cranston St. Tot Lot
About This Home
This well-maintained 6-bedroom 3-bathroom multifamily property presents a strong investment opportunity for both owner occupants and traditional investors. "The Gilmore" is currently operated as a successful short term rental property, generating 6 figure rental income. This property can also be operated as a traditional multi-family rental with estimated rent roll exceeding $100k. This can also be a great opportunity for multi-generational and owner-occupied living while building equity. Recent capital improvements include the installation of two new boilers, blow-in insulation for efficiency, a new water main, and no-maintenance PEX plumbing throughout. If the buyer wishes to continue operating the property as a short term rental, the seller is willing to stay onboard to support the transitional period and offer consulting as part of the transaction. Furnishings, linens, and all fixtures (excluding artwork) are negotiable. Established operational systems, including housekeeping, laundry services, and a dedicated handyman, are in place to support continued operations if the buyer chooses to continue with short term rentals. This property can be delivered as a turn-key short term rental, or vacant and ready for its new owner and tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,466
Year Built
- Built in 1930
Lot Details
- 3,485 Sq Ft Lot
- Fenced
Home Design
- Combination Foundation
- Vinyl Siding
Interior Spaces
- 2,835 Sq Ft Home
- 3-Story Property
- Attic
Kitchen
- Oven
- Range
- Microwave
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 203
- Assessor Parcel Number 31GILMORESTPROV
Community Details
Overview
- 2 Units
Amenities
- Shops
- Public Transportation
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,148 | $417,000 | $107,500 | $309,500 |
| 2024 | $5,599 | $305,100 | $71,600 | $233,500 |
| 2023 | $5,599 | $305,100 | $71,600 | $233,500 |
| 2022 | $5,431 | $305,100 | $71,600 | $233,500 |
| 2021 | $4,335 | $176,500 | $33,400 | $143,100 |
| 2020 | $4,335 | $176,500 | $33,400 | $143,100 |
| 2019 | $2,748 | $111,900 | $33,400 | $78,500 |
| 2018 | $3,784 | $118,400 | $33,100 | $85,300 |
| 2017 | $3,784 | $118,400 | $33,100 | $85,300 |
| 2016 | $3,784 | $118,400 | $33,100 | $85,300 |
| 2015 | $3,310 | $100,000 | $33,100 | $66,900 |
| 2014 | $3,375 | $100,000 | $33,100 | $66,900 |
| 2013 | $3,375 | $100,000 | $33,100 | $66,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/06/2026 07/06/26 | Price Changed | $619,000 | -3.3% | $218 / Sq Ft | |
| 06/23/2026 06/23/26 | Price Changed | $640,000 | -0.8% | $226 / Sq Ft | |
| 06/02/2026 06/02/26 | Price Changed | $645,000 | -0.6% | $228 / Sq Ft | |
| 05/04/2026 05/04/26 | For Sale | $649,000 | +173.5% | $229 / Sq Ft | |
| 01/11/2019 01/11/19 | Sold | $237,300 | -1.1% | $113 / Sq Ft | View Prior Sale |
| 12/12/2018 12/12/18 | Pending | -- | -- | -- | |
| 11/14/2018 11/14/18 | For Sale | $239,900 | -- | $114 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $237,300 | -- | |
| Deed | $7,558 | -- | |
| Deed | $38,500 | -- | |
| Foreclosure Deed | $152,915 | -- | |
| Deed | $130,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $230,158 | FHA | |
| Closed | $233,001 | FHA | |
| Closed | $70,000 | Commercial | |
| Closed | $750,000 | Commercial | |
| Closed | $105,000 | No Value Available | |
| Closed | $220,000 | No Value Available | |
| Closed | $192,000 | No Value Available | |
| Closed | $165,000 | No Value Available | |
| Closed | $147,000 | No Value Available | |
| Closed | $41,000 | No Value Available |
Source: State-Wide MLS
MLS Number: 1411713
APN: PROV-300203-000000-000000
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