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42 East Transit Street Providence, RI $ 1,250,000
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42 East Transit Street
$ 1,250,000
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42 East Transit Street

Providence, RI, 02906
$ 1,250,000
Bedrooms8 Baths5.0 Sq 3,000

Monthly Estimate*

$ 7,893

42 East Transit Street, Providence, RI 02906 - Image 1
42 East Transit Street, Providence, RI 02906 - Image 2
42 East Transit Street, Providence, RI 02906 - Image 3
42 East Transit Street, Providence, RI 02906 - Image 4
42 East Transit Street, Providence, RI 02906 - Image 5
42 East Transit Street, Providence, RI 02906 - Image 6
42 East Transit Street, Providence, RI 02906 - Image 7
42 East Transit Street, Providence, RI 02906 - Image 8

Multi-Family Home for sale in Providence, RI

for $1,250,000 with 8 bedrooms and 5 full baths. This 3,000 square foot home was built in 1910 on a lot size of 0.0689.

Don't miss out on this rare opportunity to own two buildings on a single lot in the heart of Fox Point. 42 East Transit features three well-maintained studio apartments, each with separately metered utilities, replacement windows, and access to shared laundry. 44 East Transit is a detached three-story single-family home offering 5 bedrooms and 2 full bathrooms, currently generating rental income. The property also includes a fenced backyard with a patio, providing inviting outdoor space for tenants or owner-occupants. With four legal units, this versatile investment is ideal for investors seeking strong income potential or owner-occupants looking to offset expenses with rental revenue. Conveniently located just minutes from Brown University, RISD, waterfront amenities, and some of Providence's most popular restaurants, this property offers an exceptional combination of location, flexibility, and value. The Seller has a contractual interest in this property but is not the legal owner.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 10,147

Style

Lot Size

0.0689

Year Built

1910

Town/City

Providence

County/Region

Providence

MLS | Web ID

1418131
Features
General
Sewer Public Sewer
Heating Gas Hot Water
Cooling Window Unit(s)
Possession Negotiable
Garage Spaces 0
Construction Materials Clapboard
Year Built 1910
Electric 100 Amp Service
Property Subtype Multi Family
Tax Year 2025
County Providence
Operating Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Fox Point
Garage Y/N false
Total Rooms 17
Full Baths 5
Status Active
City Providence
Senior Community Y/N false
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 3000
Land Lease Y/N false
Tax Annual Amount 10147.2
Structure Type Apartment
Standard Status Active
Tax Assessed Value 724800
Tax Lot 393
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Interior
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Hardwood
Total Fireplaces 2
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Common Area
Total Bedrooms 8
Total Baths 5
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Exterior
Parking Features No Garage
Water Source Public
Total Parking 0
Lot Size Area 3000
Number of Buildings 2
Building Area Total 3000
Lot Size Acres 0.0689
Covered Spaces 0
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* Excluded Features
List By
N.E. Commercial Re Brokers

Broker

bberle@newengland-cre.com

Email

Affordability Calculator

$8,738
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,893
Monthly Property Taxes
$846
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/17/2026$1,250,000 Listed Price

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42 East Transit Street, Providence, RI, 02906 is a Multi-Family Home for sale at $1,250,000 with 3,000 sqft and a lot size of 0.0689. 42 East Transit Street has 8 bedrooms, 5.0 baths, and was built in 1910. The property's zip code is 02906 which is in Providence, RI

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