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86 Transit Street Providence, RI $ 895,000
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86 Transit Street
$ 895,000
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86 Transit Street

Providence, RI, 02906
$ 895,000
Bedrooms4 Baths3.0 Sq 2,672

Monthly Estimate*

$ 5,511

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Multi-Family Home for sale in Providence, RI

for $895,000 with 4 bedrooms and 3 full baths. This 2,672 square foot home was built in 1800 on a lot size of 0.0345.

Introducing 86 Transit Street, a two-family investment opportunity in the heart of Providence's East Side, just steps from Brown University and RISD. This versatile property includes a finished bonus space, offering additional flexibility for investors or owner-occupants alike. Recent capital improvements include a new Utica direct-vent condensing gas heating system (January 2026) and a new hot water tank (2025), providing efficiency and peace of mind. The property features shared laundry and 2 3 off-street parking spaces. With strong rental demand driven by its prime location, 86 Transit Street is well-suited for traditional rentals, student housing, or potential short-term rental use. A savvy buyer may also explore the potential to convert the bonus space into an accessory dwelling unit, creating additional value. The property can be delivered vacant at closing.

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Multi-Family Active

Price

$ 895,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 12,847

Style

Lot Size

0.0345

Year Built

1800

Town/City

Providence

County/Region

Providence

MLS | Web ID

1410543
Features
General
Sewer Connected Public Sewer
Heating Baseboard Gas Hot Water
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Rental Agreement
Garage Spaces 0
Construction Materials Clapboard
Year Built 1800
Electric 100 Amp Service
Property Subtype Multi Family
Tax Year 2025
County Providence
Operating Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Total Rooms 11
Full Baths 3
Status Active
City Providence
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 1504
Land Lease Y/N false
Tax Annual Amount 12847.8
Standard Status Active
Tax Assessed Value 917700
Tax Lot 544
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Interior
Basement Interior Entry None Unfinished
Flooring Hardwood
Total Fireplaces 1
Total Stories 0
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Common Area
Total Bedrooms 4
Total Baths 3
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Exterior
Parking Features No Garage
Water Source Public
Total Parking 2
Lot Size Area 1504
Foundation Details Block Brick/Mortar Combination
Number of Buildings 1
Building Area Total 2672
Lot Size Acres 0.0345
Covered Spaces 0
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* Excluded Features
List By
William Raveis Inspire

Broker

spencerkelleher37@gmail.com

Email

Affordability Calculator

$6,581
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,511
Monthly Property Taxes
$1,071
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
4/20/2026$895,000 Listed Price

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86 Transit Street, Providence, RI, 02906 is a Multi-Family Home for sale at $895,000 with 2,672 sqft and a lot size of 0.0345. 86 Transit Street has 4 bedrooms, 3.0 baths, and was built in 1800. The property's zip code is 02906 which is in Providence, RI

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