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42-44 E Transit St, Providence, RI, 02906

8beds
5baths
3,000sqft
$1,250,000
$417price/sqft
$8,626/moest. monthly cost
$345,040/yrincome needed

About This Home

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.

Getting Around

92
WalkingWalker's Paradise
50
TransitGood Transit
90
BikeBiker's Paradise

Schools

5/10
1/10
Hope High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1910

Materials

  • Construction materials: Clapboard

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: In Building

Basement

  • Has basement: Yes
  • Basement: Full,Interior and Exterior,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Hardwood
  • Number of fireplaces: 2
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Forced Water
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Details

  • Attached to another structure: Yes

Features

  • Stories: 3

Lot

  • Lot size: 3,001 sqft

Parking

  • Parking features: No Garage