




84 Transit St, Providence, RI, 02906
About This Home
Located in the heart of Fox Point, just steps from historic Benefit Street, this exceptional 8-unit, two-building property offers a rare investment opportunity in one of Providence’s most desirable neighborhoods. With a strong existing income stream and mostly month-to-month tenants, there’s immediate potential for improvement to enhance overall returns. Both buildings have been well maintained, offering a solid foundation for additional improvements that could further elevate value and performance. The prime location allows residents to enjoy easy access to all that Fox Point has to offer, along with the scenic waterfront and walking paths of India Point Park. Whether you’re expanding an established portfolio or taking the first step in building one, this property represents a smart, high-potential addition in a premier location.
Getting Around
Schools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Brick/Mortar,Stone
- Construction materials: Brick,Wood
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 Entry,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 9
- Full bathrooms: 9
Features
- Flooring: Ceramic Tile,Hardwood,Laminate
Heating & Cooling
- Heating features: Natural Gas,Baseboard
- Cooling features: None
Interior Area
- Total structure area: 6,188
- Total interior livable area: 6,188 sqft
Property
Details
- Attached to another structure: Yes
- Zoning: R3
Lot
- Lot size: 4,099 sqft
- Features: Sidewalks
Parking
- Total spaces: 3
- Parking features: No Garage,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,065 | $96,780 |
| Home Insurance * | $583 | $6,996 |
| Property Taxes | $1,581 | $18,972 |
| Electricity | $1,260 | $15,122 |
| Total | $11,489 | $137,868 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-13 | Price change | $1,695,000 |
| 2026-03-12 | Listed for sale | $1,850,000 |
| 2026-03-03 | Listing removed | $2,095,000 |
| 2025-10-25 | Listed for sale | $2,095,000 |
