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    31 Gilmore Street Providence, RI 02907

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    Claim this Listing
    New
    For Sale
    $649,000

    MULTI_FAMILY - Providence, RI

    Lot size:
    0.08 Acres
    Added:
    May 4, 2026
    Days on Market:
    1
    Last Refresh:
    May 4 at 7:06 pm

    Property Features for 31 Gilmore Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2, Basement
    Parking
    6
    Parking features
    Garage
    Interior features
    Attic, Plumbing (PEX), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
    Appliances
    Gas Water Heater, Microwave, Oven/Range, Refrigerator
    Standard status
    Active
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5466

    Utilities

    Heating system
    Baseboard, Natural Gas

    Building Details

    Year built
    1930
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Tile - Ceramic, Laminate
    Building materials
    Vinyl Siding

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    Listing Contact
    The InnoVenture Team

    Listing agent The InnoVenture Team

    Listing office Century 21 Visionary Group 969 Waterman Avenue, Suite 3, East Providence, RI

    Listing date May 4, 2026

    MLS# 1411713 Listing URL

    Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


    Overview

    Providence Multifamily Investment Opportunity

    This well-maintained multifamily property in Providence, Rhode Island, features 6 bedrooms and 3 bathrooms, presenting a strong investment opportunity for both owner occupants and traditional investors. Currently operated as a successful short term rental property, it generates 6 figure rental income. Alternatively, it can be operated as a traditional multi-family rental with an estimated rent roll exceeding $57,000 annually. This property also suits 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. Situated on a 0.08-acre lot, this property offers flexibility for various living arrangements and investment strategies. 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 Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.426938
    Latitude
    41.812536

    FAQs

    What type of property is this?
    Short term rental property - Well-maintained 6-bedroom multifamily, ideal for investors or owner-occupants.
    Where is this short term rental property located?
    The property is located at 31 Gilmore Street Providence, RI.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: Proven 6‑figure short‑term rental income potential.; Option for turn‑key short‑term rental operation with established systems and seller support.; Can be used as a traditional multi‑family rental with estimated $57k+ rent roll.
    More about this property
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