42 East Transit, Providence, RI, 02906

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.

Residential Income
$1,250,000
Location
City/TownProvidence
CountyProvidence
Interior
Living Area3,000 sq. ft.
Rooms17
HeatingNatural Gas, Forced Water
CoolingWindow Unit(s)
Additional Information
Tax Assessment$724,800
Exterior
Acreage0.0689
Listed By: N.E. Commercial Re Brokers

Information is deemed reliable but is not guaranteed.

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