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.
Pending
Price cut: $10.1K (7/27)
$589,900
31 Gilmore St, Providence, RI 02907
6beds
1,983sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$297/sqft
$-- HOA
What's special
Two new boilersNew water mainBlow-in insulation for efficiencyNo-maintenance pex plumbing throughout
- 135 days
- 131
- 10
Zillow last checked:
Listing updated:
Listed by:
The InnoVenture Team 401-380-6020,
Century 21 Visionary Group
Source: StateWide MLS RI,MLS#: 1411713
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater, Microwave, Oven/Range, Refrigerator
Features
- Plumbing (PEX), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
- Flooring: Ceramic Tile, Laminate
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,835
- Total interior livable area: 1,983 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Features
- Stories: 3
- Fencing: Fenced
Lot
- Size: 3,484 Square Feet
- Features: Sidewalks
Details
- Parcel number: PROVM30L203
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Highway Access, Hospital, Interstate, Private School, Public School, Near Shopping
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $297/sqft
- Tax assessed value: $417,000
- Annual tax amount: $5,466
- Date on market: 5/4/2026
- Total actual rent: 0
- Tenant pays: Heat
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Pending sale | $589,900$297/sqft |
Source: | ||
| 8/19/2026 | Contingent | $589,900$297/sqft |
Source: | ||
| 8/12/2026 | Listed for sale | $589,900$297/sqft |
Source: | ||
| 7/31/2026 | Contingent | $589,900$297/sqft |
Source: | ||
| 7/27/2026 | Price change | $589,900-1.7%$297/sqft |
Source: | ||
| 7/15/2026 | Price change | $599,990-3.1%$303/sqft |
Source: | ||
| 7/6/2026 | Price change | $619,000-3.3%$312/sqft |
Source: | ||
| 6/23/2026 | Price change | $640,000-0.8%$323/sqft |
Source: | ||
| 6/2/2026 | Price change | $645,000-0.6%$325/sqft |
Source: | ||
| 5/22/2026 | Listed for sale | $649,000$327/sqft |
Source: | ||
| 5/13/2026 | Contingent | $649,000$327/sqft |
Source: | ||
| 5/4/2026 | Listed for sale | $649,000+4.8%$327/sqft |
Source: | ||
| 1/11/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/19/2025 | Price change | $619,000-0.8%$312/sqft |
Source: Owner Report a problem | ||
| 11/1/2025 | Price change | $624,000-0.8%$315/sqft |
Source: Owner Report a problem | ||
| 10/22/2025 | Price change | $629,000-0.9%$317/sqft |
Source: Owner Report a problem | ||
| 9/28/2025 | Price change | $635,000-0.6%$320/sqft |
Source: Owner Report a problem | ||
| 9/18/2025 | Pending sale | $639,000$322/sqft |
Source: Owner Report a problem | ||
| 9/4/2025 | Price change | $639,000-0.8%$322/sqft |
Source: Owner Report a problem | ||
| 8/25/2025 | Price change | $644,000-0.8%$325/sqft |
Source: Owner Report a problem | ||
| 8/11/2025 | Listed for sale | $649,000+173.5%$327/sqft |
Source: Owner Report a problem | ||
| 1/11/2019 | Sold | $237,300-1.1%$120/sqft |
Source: | ||
| 11/14/2018 | Listed for sale | $239,900+3074.1%$121/sqft |
Source: RE/MAX Professionals #1209527 Report a problem | ||
| 1/13/2015 | Sold | $7,558-80.4%$4/sqft |
Source: Public Record Report a problem | ||
| 10/1/2008 | Sold | $38,500-51.2%$19/sqft |
Source: Public Record Report a problem | ||
| 4/30/2008 | Listing removed | $78,900$40/sqft |
Source: Z57 #836425 Report a problem | ||
| 4/23/2008 | Listed for sale | $78,900-48.4%$40/sqft |
Source: Z57 #836425 Report a problem | ||
| 1/30/2008 | Sold | $152,915+17.6%$77/sqft |
Source: Public Record Report a problem | ||
| 5/7/2003 | Sold | $130,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,148 -43.8% | $417,000 +36.7% |
| 2024 | $5,599 +3.1% | $305,100 |
| 2023 | $5,431 | $305,100 |
| 2022 | $5,431 +25.3% | $305,100 +72.9% |
| 2021 | $4,335 +0% | $176,500 |
| 2020 | $4,335 +57.7% | $176,500 +57.7% |
| 2019 | $2,748 -27.4% | $111,900 -5.5% |
| 2018 | $3,784 +0% | $118,400 |
| 2017 | $3,784 | $118,400 |
| 2016 | $3,784 +14.3% | $118,400 +18.4% |
| 2015 | $3,310 -1.9% | $100,000 |
| 2013 | $3,375 +5.9% | $100,000 +0.1% |
| 2012 | $3,186 | $99,900 |
| 2011 | $3,186 +5% | $99,900 |
| 2010 | $3,035 -39.2% | $99,900 -51.6% |
| 2009 | $4,995 +6% | $206,300 |
| 2007 | $4,712 +27.8% | $206,300 +69.1% |
| 2006 | $3,688 | $122,000 |
| 2005 | $3,688 | $122,000 |
Find assessor info on the county website
Monthly payment
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