36 Pratt Street, Providence, RI, 02906

36 Pratt Street, Providence, RI, 02906

17 rooms

11 beds

6 Full baths

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.


Status:

Active

Type:

Multi-family

Laundry Remarks:

In Unit

Units:

3

Zoning:

R3

Frontage:

0

Subdivision:

COLLEGE HILL/EAST SIDE

Garage:

No Garage

Heating:

Forced Air, Gas

Cooling:

Central Air

Basement:

Exterior Entry, Full, Interior Entry, Unfinished

Acreage:

0.09

Est. Taxes:

$16,355

Assessment

$891,300

Construction

Drywall,Wood Siding

Utilities

Sewer Connected

Amenities:

Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s), Sidewalks

Days on Market:

23

Appliances:

Gas Water Heater

MLS #:

1381331


Community Info

School Info

Walk Score

Mass Transit

Yelp


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