36 Pratt Street

Providence, Rhode Island

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.