42 E Transit St Providence, RI 02906
Fox Point NeighborhoodEstimated payment $7,730/month
Highlights
- Wood Flooring
- 2 Fireplaces
- Hot Water Heating System
- Classical High School Rated A
- Window Unit Cooling System
- 3-minute walk to Cabral Park
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
Home Type
- Multi-Family
Est. Annual Taxes
- $10,147
Year Built
- Built in 1910
Lot Details
- 3,000 Sq Ft Lot
Parking
- No Garage
Home Design
- Clapboard
Interior Spaces
- 3,000 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
- Wood Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Community Details
- 2 Buildings
- 4 Units
- Fox Point Subdivision
Listing and Financial Details
- Tax Lot 393
- Assessor Parcel Number 4244EASTTRANSITSTPROV
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,147 | $724,800 | $316,000 | $408,800 |
| 2024 | $9,979 | $543,800 | $0 | $0 |
| 2023 | $7,522 | $409,900 | $221,200 | $188,700 |
| 2022 | $9,680 | $543,800 | $221,200 | $322,600 |
| 2021 | $10,261 | $417,800 | $168,400 | $249,400 |
| 2020 | $10,261 | $417,800 | $168,400 | $249,400 |
| 2019 | $10,261 | $417,800 | $168,400 | $249,400 |
| 2018 | $9,003 | $281,700 | $146,600 | $135,100 |
| 2017 | $9,003 | $281,700 | $146,600 | $135,100 |
| 2016 | $9,003 | $281,700 | $146,600 | $135,100 |
| 2015 | $8,232 | $248,700 | $145,000 | $103,700 |
| 2014 | $8,394 | $248,700 | $145,000 | $103,700 |
| 2013 | $8,394 | $248,700 | $145,000 | $103,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2026 07/17/26 | For Sale | $1,250,000 | -- | $417 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,400,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $263,000 | -- | |
| Deed | $130,000 | -- | |
| Foreclosure Deed | $223,920 | -- | |
| Warranty Deed | $105,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | Purchase Money Mortgage | |
| Closed | $150,000 | Commercial |
Source: State-Wide MLS
MLS Number: 1418131
APN: PROV P:0170393 L:0000
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