42 44 East Transit Street
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8 photos

$1,250,000

42 44 East Transit Street
Providence, RI 02906
Listed by Robert Berle
Bedrooms
8
Bathrooms
5
Living area
N/A
Year built
1910

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 details

MLS #
1418131
Property type
Multi Family
Subdivision
Fox Point
Status
Active
Days on market
10
On market date
July 17, 2026
Stories
3
Garage spaces
N/A
Lot size
0.0689 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Vartan Gregorian El. School
0.45 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
243
Student:teacher ratio
11.6:1
District
Providence
Middle
Urban Collaborative Program
0.97 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
108
Student:teacher ratio
10.8:1
District
Urban Collaborative
HighCharter
Village Green Virtual
0.49 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
217
Student:teacher ratio
9.4:1
District
Village Green Virtual

Mortgage calculator

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Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 24 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.