Providence, RI
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    Providence, RI Short Term Rental Properties for Sale

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    Pawtucket, RI Lincoln, RI East Providence, RI
    Turn-Key Multifamily Short-Term Rental
    $645,000
    2,835 SF

    Turn-Key Multifamily Short-Term Rental

    31 Gilmore Street, Providence, RI 02907

    Well-maintained 6-bedroom property with recent mechanical and plumbing upgrades, operating successfully as a short-term rental.

    • 6‑bedroom, 3‑bath multifamily property built in 1930
    • Currently operated as a short‑term rental and generating 6‑figure rental income
    • Estimated rent roll exceeds $57,000 if operated as a traditional multi‑family rental
    • Recent capital improvements: two new boilers, blow‑in insulation, and a new water main
    • PEX plumbing installed throughout, with gas water heater; insulation added to ceiling, floors, and walls
    Updated: May 4
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    Elmhurst Two-Family Home with Updates
    $609,000
    2,437 SF

    Elmhurst Two-Family Home with Updates

    25 View Street, Providence, RI 02908

    Updated two-family home in Elmhurst, Providence, with income potential.

    • Income‑producing second‑floor unit averaging $2,800 a month, can be conveyed fully furnished.
    • Prime location in the desirable Elmhurst neighborhood.
    • Two‑family home offering flexibility.
    • First‑floor unit features a private, fully fenced‑in yard and a dedicated office.
    • Recent upgrades include 200‑amp electrical service, 50‑gallon hot water heater, ducted HVAC system, high‑efficiency replacement windows, and upgraded insulation.
    Updated: Apr 13
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    Turn-Key Multifamily Investment Opportunity
    $649,000

    Turn-Key Multifamily Investment Opportunity

    Well-maintained 6-bedroom multifamily property with income potential.

    31 Gilmore Street, Providence, RI 2907
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Providence, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Pawtucket Income-Generating Property For Sale
    $479,000

    Pawtucket Income-Generating Property For Sale

    Spacious 5-bedroom property in Pawtucket's Darlington neighborhood, generating monthly income.

    574 Central Avenue, Pawtucket, RI 2861
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    Pawtucket Income-Generating Property For Sale
    $479,000
    0.06 Acres

    Pawtucket Income-Generating Property For Sale

    Spacious 5-bedroom property in Pawtucket's Darlington neighborhood.

    574 Central, Pawtucket, RI 2861
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    Renovated Mixed-Use Building on Thames
    $3,250,000

    Renovated Mixed-Use Building on Thames

    High-visibility, renovated mixed-use building with income potential.

    491 Thames Street, Newport, RI 2840
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    Renovated Mixed-Use Waterfront Building
    $3,250,000
    4,800 SF

    Renovated Mixed-Use Waterfront Building

    High-visibility, renovated mixed-use building with income potential in Newport.

    491 Thames, Newport, RI 2840
    View details

    Providence, RI Short Term Rental Properties Investment Opportunities Market Analysis

    Explore 3 short term rental properties for sale in Providence, RI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,272 square feet of properties for sale, with an estimated market value of $1,254,000.

    Sale prices for short term rental properties in Providence, RI start at $609,000, averaging $627,000, and reaching up to $645,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 58
    Duplexes 55
    Triplexes 53
    Quadplexes 6
    Short term rental properties 3

    Property Size Breakdown

    The majority of commercial real estate listings in Providence fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 287K
    Population Growth (5Y) +3.2%
    Median Household Income $72,431
    College Educated 45.2%

    High-Yield Neighborhoods for Investment

    Identify Providence submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    02908 $609K
    02907 $649K

    Taxes & Financing

    Tax Rate (average for all types) 3.73%
    Property Tax per SF $21.00 per sq ft
    Tax Rate vs County Average 0.82 pp above county avg
    Average Loan-to-Value 65.0%

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