86 Transit, Providence, RI, 02906

Introducing 86 Transit Street, a two-family investment opportunity in the heart of Providence’s East Side, just steps from Brown University and RISD. This versatile property includes a finished bonus space, offering additional flexibility for investors or owner-occupants alike. Recent capital improvements include a new Utica direct-vent condensing gas heating system (January 2026) and a new hot water tank (2025), providing efficiency and peace of mind. The property features shared laundry and 2–3 off-street parking spaces. With strong rental demand driven by its prime location, 86 Transit Street is well-suited for traditional rentals, student housing, or potential short-term rental use. A savvy buyer may also explore the potential to convert the bonus space into an accessory dwelling unit, creating additional value. The property can be delivered vacant at closing.

Residential Income
$895,000
Location
City/TownProvidence
CountyProvidence
Interior
Living Area2,672 sq. ft.
Rooms11
HeatingNatural Gas, Baseboard, Forced Water
CoolingWindow Unit(s)
Additional Information
Tax Assessment$917,700
Exterior
Acreage0.0345
Listed By: William Raveis Inspire

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