Active
36 Pratt Street
Providence RI, 02906
$2,200,000
$653.98 per sqft
Active
11 Beds
6 Baths
3,364 sqft
Multi-family
Built in 1900
An exceptional investment opportunity in the heart of prestigious College Hill. This fully gut-renovated triplex features two spacious 4-bedroom, 2-bath units and one 3-bedroom, 2-bath unit, totaling 3,364 square feet of modern, high-demand living space. Each unit is turnkey, offering updated kitchens with stainless steel appliances, granite countertops, and functional workspace. Sleek bathrooms and in-unit laundry add tenant convenience. With separate utilities, individual mechanical systems, and dual egress for each unit, the property is fully fire-coded, ready for immediate income generation or effortless condo conversion. Outdoor spaces include private balconies, shared decks, and a common patio with western exposure and stunning city views. While there's no on-site parking, ample street parking is available. Steps from Brown, RISD, the train station, and Downtown Providence, the location ensures exceptional tenant appeal. Completely renovated in 2021 including a new roof, windows, decks, plumbing, electrical, and HVAC systems the property offers minimal maintenance and consistent cash flow, generating $130,800 annually with 0% vacancy. Its condo-conversion readiness provides a rare opportunity for significant resale value. Located near top universities and cultural landmarks, 36 Pratt Street is a high-performing, low-maintenance asset in one of Providence's most desirable neighborhoods a perfect portfolio addition.
1377460
MLSⓇ ID
February 5, 2025
Listed
February 21, 2025
Updated
Interior Features
Total Stories
4
Bedrooms
11
Total Bathrooms
6
Full Bathrooms
6
Interior Features
Tub Shower
Appliances
Gas Water Heater
Laundry Description
In Unit
Floor Description
Ceramic Tile, Hardwood
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Forced Air, Gas
Exterior/Building Features
Lot Size
0.09 Acres
Sewer
Connected, Public Sewer
Other Property Details
Taxes
$16,355
Tax Frequency
Annually
Days on Market
10
Association Fee Frequency
Monthly
Garage
No
Parking
No Garage
Parking Total
0
View
No
County
Providence
Water Source
Connected, Public
Pool
No
Utilities
Sewer Connected
Zoning
R3
Courtesy of Compass / Lila Delman Compass
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Data last updated 7:37 PM UTC, 2/21/2025.