42 East Transit Street, Providence, RI 02906

Local realty services provided by:ERA Key Realty Services
42 East Transit Street,Providence, RI 02906
$1,250,000
  • 8 Beds
  • 5 Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by: robert berle
Office: n.e. commercial re brokers
MLS#:1418131
Source:RI_STATEWIDE

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$416.67

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.

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Home facts

  • Year built:1910
  • Listing ID #:1418131
  • Added:1 day(s) ago
  • Updated:July 17, 2026 at 04:55 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:17
  • Flooring:Hardwood
  • Basement:Yes
  • Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
  • Living area:3,000 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Gas, Hot Water

Structure and exterior

  • Year built:1910
  • Building area:3,000 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Clapboard

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$416.67
  • Tax amount:$10,147 (2025)

Features and amenities

  • Laundry features:Common Area
  • Amenities:Gas Water Heater

Parking

  • Parking description:No Garage
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Key Realty Services are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: July 17, 2026