84 Transit Street, Providence, RI 02906
- Added:
- Mar 11, 2026
- Days on Market:
- 94
- Last Refresh:
- Jun 12 at 12:06 am
Property Features for 84 Transit Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 11
- Bathrooms
- 9
- Rooms
- Bathroom 5, Bathroom 6, Bedroom 9, Bathroom 8, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 8, Bathroom 1, Bedroom 11, Bathroom 7, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 7, Bathroom 9, Bedroom 1, Basement, Bedroom 10, Bedroom 5, Bedroom 3
- Parking
- 3
- Parking features
- Garage
- Basement
- Full, Unfinished
- Appliances
- Gas Water Heater
- Standard status
- Pending
- Size
- 6,188 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 34676
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
Building Details
- Year built
- 1900
- Number of units
- 2
- Flooring type
- Hardwood, Laminate, Tile - Ceramic
- Building materials
- Brick, Wood
Listing agent Stephen Gaskin License #RES.0048283 (401) 439-7705
Listing office Residential Properties Ltd. 140 Wickenden Street, RI (401) 274-6740
Listing date Mar 11, 2026
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.
HighLights
- 8‑unit, two‑building property located in Fox Point, just steps from historic Benefit Street
- Mostly month‑to‑month tenants per public remarks
- Year built: 1900; construction materials include brick and wood
- Heating includes natural gas with baseboard system
- Includes gas water heater; public sewer connected
- Flooring includes hardwood, laminate, and ceramic tile; garage parking
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $181.9k | $29.40 |
| − Vacancy | −$11.3k | −$1.82 |
| EGI | $170.6k | $27.58 |
| − OpEx | −$76.8k | −$12.41 |
| NOI | $93.9k | $15.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.400827
- Latitude
- 41.820602
