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About This Home
This 0-bedroom, 0-bathroom commercial at 41 E Transit Street in Providence, RI is listed for $1,295,000. Built in 1930, on a 0.11 acres lot.
Well-maintained and extensively updated 5-unit property in desirable Fox Point, offering a blend of strong rental income and future upside with extremely low vacancy. The property features low taxes for its size, parking for each unit and has 2 detached garages for ADU potential.
Significant improvements have recently been completed, including a new roof, upgraded electrical service, central air in all units, exterior updates, a newly renovated shared laundry room and other in-unit upgrades. Located just off Ives and Wickenden and close to India Point Park, this property sits in the heart of the vibrant Fox Point neighborhood with some of Providence's best restaurants and bars. A rare opportunity to acquire a turnkey asset in one of the city's most sought-after rental markets.
Key Features
- Built in 1930
- 0.12 acre lot
- 3 stories
- 5 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$6,926/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
41 E Transit Street
Providence, RI 02906
Fox Point
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 41 E Transit Street is listed at $1,295,000. The estimated monthly payment is $5,612 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.12 acre lot, 3 stories, 5 parking spaces. Interior Features: Ceiling Height (7 to 9 Ft).
This property is listed by Jonathan Kaufman and can be reached at (617) 206-3333 or jonathan.kaufman@compass.com.
