$920,000
OPEN SUN 11AM - 1PM $5K PRICE DROP

50 E Transit St Providence, RI 02906

Fox Point Neighborhood

Estimated payment $5,635/month

Total Views 1,791
9 Beds
3 Baths
4,000 Sq Ft
$230 Price per Sq Ft

Highlights

  • 0.23 Acre Lot
  • Baseboard Heating
  • 2-minute walk to Gano Street Dog Park
  • Wood Flooring

About This Home

Newly remodeled! The location can't be beat with this spacious legal 3-family in the heart of Fox Point! Nestled between Gano and Ives, this property is close to everything highways, Wayland Square, India Point Park and kayak launch, the universities, Wickenden St., shops, community gardens, and more. The first and second floors are both expansive 3-bedroom, 1-bath units featuring large living rooms, eat-in kitchens, butler's pantries, and private balconies. The third-floor unit offers 2 bedrooms, 1 bath, plus bonus office space. All three units have been beautifully remodeled with a lot of new windows, modern kitchens featuring brand-new stylish cabinets, quartz countertops, and stainless steel appliances, along with refinished hardwood floors throughout. Additional updates include newer heating systems on the 1st and 3rd floors, newer hot water tanks, vinyl siding, a young roof, and laundry hoop up in the basement. Tenants also enjoy a massive backyard and plenty of off-street parking. Sitting on a rare 10,000 sq. ft. lot in Fox Point, this property not only delivers strong rental income but also offers tremendous development potential for future expansion.

Listing Agent

Zhongyuan Williams

Coldwell Banker Realty License #RES.0041519 Listed on: 09/04/2025

Coldwell Banker Realty

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,797

Year Built

  • Built in 1930

Lot Details

  • 10,000 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 3 Units
  • Operating Expense $14,000

Listing and Financial Details

  • Tax Lot 389
  • Assessor Parcel Number 50EASTTRANSITSTPROV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,797

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Above Grade Finished Sq Ft: 4000.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1930
  • Special Features: 4097
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Hardwood

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None, Central Air
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10000.0
  • Parcel #: 50EASTTRANSITSTPROV

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 14000.0

Tax Info

  • Tax Annual Amount: 8797.0
  • Tax Lot: 389
  • Tax Map Number: 17
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
2024 $8,797 $479,400 $226,800 $252,600
2023 $8,797 $479,400 $226,800 $252,600
2022 $8,533 $479,400 $226,800 $252,600
2021 $8,581 $349,400 $180,200 $169,200
2020 $8,581 $349,400 $180,200 $169,200
2019 $8,581 $349,400 $180,200 $169,200
2018 $8,620 $269,700 $156,800 $112,900
2017 $8,620 $269,700 $156,800 $112,900
2016 $8,620 $269,700 $156,800 $112,900
2015 $8,196 $247,600 $156,800 $90,800
2014 $8,357 $247,600 $156,800 $90,800
2013 $8,357 $247,600 $156,800 $90,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $920,000 -0.5% $230 / Sq Ft
09/04/2025 09/04/25 For Sale $925,000 +21.7% $231 / Sq Ft
04/14/2023 04/14/23 Sold $760,000 -4.4% $263 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $795,000 -- $275 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $760,000 None Available
Deed $437,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 Purchase Money Mortgage
Previous Owner $349,550 Purchase Money Mortgage
Source: Public Records

Source: State-Wide MLS

MLS Number: 1394362

State-Wide MLS

APN: PROV-170389-000000-000000

Rhode Island Providence County Providence 02906 Fox Point

50 E Transit St, Providence, RI

This home is located at 50 E Transit St, Providence, RI 02906 and is currently priced at $920,000, approximately $230 per square foot. This property was built in 1930. 50 E Transit St is a home located in Providence County with nearby schools including Asa Messer Elementary School, Charles N. Fortes Elementary School, and Robert L. Bailey IV Elementary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Agent
Zhongyuan Williams
Section Image
Coldwell Banker Realty
(401) 313-4817