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Listed price in listed location currency (USD).
$649,000

636

MLS® 1411713

Open House
Sun May 10, 9:00-10:00 PM UTC

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2835 sqft
Garage 
Taxes $5,466
Days Active 0
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $228
MLS® Number 1411713

Property Address: 31 Gilmore St, Providence, RI, 02907-2319

Average square foot calculated using Size range provided by listing agent.

Description

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 $57k. 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.
MLS® Number1411713
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
BasementExterior Entry, Full, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 4, 2026List Date
$649,000List Price

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