42 East Transit Street 44, Providence, RI 02906

$1,250,000
8
BD
5
BA

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List Price
$1,250,000
MLS#
1418131
Status
ACTIVE
Type
Multifamily
City
Providence
County
Providence
Bedrooms
8
Bathrooms
5
Year Built
1910

Property Description

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.

Additional Information

Electric
100 Amp Service
Cooling
Window Unit(s)
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of N.E. Commercial RE Brokers. Contact:

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