42 East Transit St, Providence, RI

$1,250,000

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8

Beds

5

Baths

3,000

Square feet

0.07

Acres

About 42 East Transit St

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.

Pricing and availability subject to change.

Features of 42 East Transit St

MLS® # 1418131
Price $1,250,000
Bedrooms 8
Bathrooms 5
Full Baths 5
Square Footage 3,000
Square Footage 3000
Acres 0.07
Year Built 1910
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 42 East Transit St
Subdivision Fox Point
City Providence
County Providence
State RI
Zip Code 02906

Amenities

Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Interior Hardwood
Appliances Gas Water Heater
Heating Gas, Hot Water
Cooling Window Unit(s)
Fireplace Yes
# of Fireplaces 2
# of Stories 3
Has Basement Yes
Basement Exterior Entry, Full, Interior Entry, Unfinished

Exterior

Exterior Clapboard
Construction Clapboard

Additional Information

Date Listed July 17th, 2026
Days on Market 10
Short Sale No
RE / Bank Owned No

Listing Map

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