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    41 East Transit Street Providence, RI 2906

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    For Sale
    $1,295,000

    Turnkey 5-unit property in Providence's desirable Fox Point neighborhood.

    Type:Commercial
    Added:
    Apr 13, 2026
    Days on Market:
    18
    Last Refresh:
    Apr 25 at 6:16 am

    Property Features for 41 East Transit Street

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1930

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    Listing Contact
    Jonathan Kaufman

    Listing agent Jonathan Kaufman

    Listing office Compass

    Listing date Apr 13, 2026

    Source Liongatere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Compass


    Overview

    Updated Multifamily Property in Fox Point

    This well-maintained and extensively updated 5-unit property is located in the desirable Fox Point neighborhood. The property offers a blend of strong rental income and future upside with extremely low vacancy. Each unit has parking available. There are also 2 detached garages that offer ADU potential. Significant improvements have recently been completed, including a new roof, upgraded electrical service, and central air in all units. Additional updates include exterior work and a newly renovated shared laundry room, as well as other in-unit upgrades. The property is located just off Ives and Wickenden, close to India Point Park, and in the heart of the vibrant Fox Point neighborhood with some of Providence's best restaurants and bars. This property represents a rare opportunity to acquire a turnkey asset in one of the city's most sought-after rental markets. The property also features low taxes for its size.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.3916403
    Latitude
    41.8215514

    FAQs

    What type of property is this?
    Apartment building - Turnkey 5-unit property in Providence's desirable Fox Point neighborhood.
    Where is this apartment building located?
    The property is located at 41 East Transit Street Providence, RI.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: Strong rental income with extremely low vacancy in desirable Fox Point location.; Turnkey asset with recent significant improvements, including a new roof, upgraded electrical, and central air in all units.; Parking for each unit and 2 detached garages offering ADU potential.
    More about this property
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