$1,495,000
 $8,025 est/mo Sourced by Back At You

84 Transit Street,Providence, RI 02906

Providence, RI 02906

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Description

Located in the heart of Fox Point, just steps from historic Benefit Street, this exceptional 8-unit, two-building property offers a rare investment opportunity in one of Providence's most desirable neighborhoods. With a strong existing income stream and mostly month-to-month tenants, there's immediate potential for improvement to enhance overall returns. Both buildings have been well maintained, offering a solid foundation for additional improvements that could further elevate value and performance. The prime location allows residents to enjoy easy access to all that Fox Point has to offer, along with the scenic waterfront and walking paths of India Point Park. Whether you're expanding an established portfolio or taking the first step in building one, this property represents a smart, high-potential addition in a premier location.

Details

MLS #1406278
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1900
Days On Site232
Listing Provided ByResidential Properties Ltd. | Stephen Gaskin

Features

Bed(s)11
Bath(s) 9 Total
SQ Feet6,188
BasementY
Units2
Building(s)2
ZoningR3
Acreage0.09

Interior

Rooms Total28
HeatingNatural Gas, Baseboard
Heating Yes / NoYes
CoolingNone
Cooling Yes / NoNo
AppliancesGas Water Heater
Fireplaces Total0
Laundry FeaturesIn Building

Exterior

Foundation DetailsBrick/Mortar, Stone
Lot FeaturesPaved Driveway, Sidewalks
Community FeaturesBus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping
Construction MaterialsBrick, Wood

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesNo Garage

Utilities

UtilitiesSewer Connected, Water Connected
SewerPublic Sewer
Electric100 Amp Service, Circuit Breakers

Location

Community FeaturesBus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping

Taxes

Tax Annual Amount34676
Tax Assessed Value1333700
Tax Lot349
Tax Year2025

Area Information

StateRI
CountyProvidence
CityProvidence
Zip Code02906
AreaProvidence
Community NameFox Point / College Hill
Listing VS Median (in Fox Point / College Hill)
Price:
$1,495,000
low | high
Med:
$1,545,000
46.655518394649% of Average
sqft:
6,188
low | high
Med:
6,188
50% of Average
$ / sqft:
$242
low | high
Med:
$250
46.655518394649% of Average
On site:
232
low | high
Med:
232
100% of Average
Sourced by Back At You

Market Activity 02906

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Learn More About This Property

StateRI
CountyProvidence
CityProvidence
Zip Code02906
AreaProvidence
Community NameFox Point / College Hill
Listing VS Median (in Fox Point / College Hill)
Price:
$1,495,000
low | high
Med:
$1,545,000
46.655518394649% of Average
sqft:
6,188
low | high
Med:
6,188
50% of Average
$ / sqft:
$242
low | high
Med:
$250
46.655518394649% of Average
On site:
232
low | high
Med:
232
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.121M - $1.868M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
84 Transit Street Property Photo 1
$1,595,000
84 Transit Street
Providence, RI 02906
Listing Updated: October 8, 2026 at 3:43:48 PM PDT