$1,250,000

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.

Property facts

Property type

Multi Family

Year built

1910

Lot size (acres)

0.069

Total rooms

17

Garage spaces

0

Total parking

0

Annual taxes

$10,147.2

Tax year

2025

Neighborhood

Fox Point

County

Providence

Features

Heating

Natural Gas, Forced Water

Cooling

Window Unit(s)

Basement

Full, Interior and Exterior, Unfinished

Appliances

Gas Water Heater

Laundry

In Building

Parking

No Garage

Construction

Clapboard

Sewer

Public

Water

Public

Location