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.

©2025 State-Wide MLS, Inc. All rights reserved.

Data last updated 7:37 PM UTC, 2/21/2025.

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