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About This Home

This 8-bedroom, 5-bathroom multi-family at 41 E Transit Street in Providence, RI is listed for $1,295,000. Built in 1930, on a 0.11 acres lot.

Agent Description

Five Unit in Fox Point. 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. See MLS 1409912

Key Features

  • Built in 1930
  • 0.11 acre lot
  • 3 stories
  • 5 parking spaces

Property Details

3 stories
5 full
5 spaces
1930

Amenities

HardwoodA/C

Monthly Cost Estimate

$6,926/mo

20% down · 6.5% · 30 years

Principal$937
Interest$5,612
Insurance$378

Estimates only. Actual payments may vary.

Location

41 E Transit Street

Providence, RI 02906

Fox Point

Features & Amenities

Interior Features

Wall (Dry Wall)Wall (Plaster)Plumbing (Mixed)Insulation (Walls)

Property Details

Flooring

HardwoodLaminate

Construction

Dry Wall Plaster Vinyl Siding

Parking

Carport

Heating

Heat Pump (Heating)Electric (Heating)Central

Cooling

Heat PumpCentral Air

Appliances

Gas Water HeaterDishwasherDryerMicrowaveOven/RangeRefrigeratorWasher

Questions & Answers

This 8-bedroom, 5-bathroom multi-family 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, 0.11 acre lot, 3 stories, 5 parking spaces. Interior Features: Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed).

This property is listed by Jonathan Kaufman and can be reached at (617) 206-3333 or jonathan.kaufman@compass.com.

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JK

Jonathan Kaufman

Agent at Compass

(617) 206-3333

Listed by Compass · View on Broker Site

MLS# 1409922· Source: listhub· Updated 2 days ago

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

41 E Transit Street, Providence, RI 02906

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