41 East Transit, Providence, RI, 02906

Five Unit in Fox Point. Well-maintained and extensively updated 5-unit property in desirable Fox Point, offering a blend of strong rental income and future upside with extremely low vacancy. The property features low taxes for its size, parking for each unit and has 2 detached garages for ADU potential. Significant improvements have recently been completed, including a new roof, upgraded electrical service, central air in all units, exterior updates, a newly renovated shared laundry room and other in-unit upgrades. Located just off Ives and Wickenden and close to India Point Park, this property sits in the heart of the vibrant Fox Point neighborhood with some of Providence’s best restaurants and bars. A rare opportunity to acquire a turnkey asset in one of the city’s most sought-after rental markets. See MLS 1409912

Residential Income
$1,295,000
Location
City/TownProvidence
CountyProvidence
Community FeaturesBus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area3,630 sq. ft.
Rooms23
HeatingElectric, Central Air, Heat Pump
CoolingCentral Air, Heat Pump
Interior FeaturesWall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Walls)
Additional Information
Tax Assessment$775,200
Exterior
Acreage0.1148
Listed By: Compass

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