31 Gilmore St, Providence, RI

Name: 31 Gilmore St, For Sale in Providence - Zoocasa
Brand: Stateline Real Estate
SKU: 1426485
Price: 589900 USD

House

For Sale

Listed price in listed location currency (USD).

$589,900

636

MLS® 1426485

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 2835 sqft

Garage

Taxes $5,466

Days Active 0

Lot Size 0.08 Acres

Approx. Age 1930

Avg. Price Per Sqft $208

MLS® Number 1426485

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 $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.

MLS® Number1426485

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1930

BasementExterior Entry, Full, Interior Entry, Unfinished

DrivewayNo Garage

Garage Spaces

HeatBaseboard, Gas, Hot Water

A/CNone

Extras

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $448,000 and $661,000.

Similar properties in this area sold on average for: $448,166

Expected to sell in 6 days. Similar properties sold in 6 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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