41 E Transit St

Providence, RI 02906

$1,295,000
Price
8
Beds
3,630 Sq. Ft.
$357 / Sq. Ft.
3,630
Sq. Ft.
$357
per Sq. Ft.
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Listed By Compass
Listed By Compass

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...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

Listing Agent

  1. Jonathan Kaufman

    Jonathan Kaufman

    Listing Agent

    Compass

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Property Details for 41 East Transit Street

Subdivision Name
Fox Point
LISTING UPDATED: 04/24/2026 12:32 AM

Property Details for 41 East Transit Street

StatusActive
MLS #1409922
Days on Market10
Taxes$10,853 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1930
Lot Size0.11 AC / 5,000 SF
CountyProvidence County
Buyer's Agent Compensation2%
Compensation RemarksNet Sale
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Location

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Building Information for 41 East Transit Street

Stories3Residences4Year Built1930Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

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$7,425 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,521

Property Taxes

$904

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 41 East Transit Street

Summary
Location and General Information
  • City: Providence
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Providence
  • Postal Code: 02906
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: No
  • Carport Y N: Yes
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage Y N: Yes
  • Parking Features: Carport, Detached, Garage
  • Parking Total: 5
Taxes and HOA Information
  • Tax Annual Amount: $10,853.00
  • Tax Assessed Value: 775200
  • Tax Lot: 438
  • Tax Map Number: 17
  • Tax Year: 2026
Property
Lot Information
  • Above Grade Fin SQFT: 3630.0
  • Building Area Total: 3630.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.1148
  • Lot Size Area: 5000.0
  • Lot Size Square Feet: 5000.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 3
  • Parcel Number: 41EASTTRANSITSTPROV
  • Stories Total: 3
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: MultiFamily
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1930
Utilities
  • Electric: Amps200Or More
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: See Remarks
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement Y N: Yes
  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 8
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood, Laminate
  • Heating: Electric, Heat Pump
  • Heating Y N: Yes
  • Interior Features: Stall Shower, Tub Shower
  • Laundry Features: Common Area, In Unit
  • Rooms Total: 23
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $3,795.00
  • Description: Units 2R & 2F Combined
  • Type: ThreeBedroom
  • Unit Type Area: 1210.0
  • Baths Total: 2
  • Beds Total: 3
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,800.00
  • Description: Unit 1R
  • Type: TwoBedroom
  • Unit Type Area: 810.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,900.00
  • Description: Unit 1F
  • Type: OneBedroom
  • Unit Type Area: 400.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,700.00
  • Description: Unit 1G
  • Type: TwoBedroom
  • Unit Type Area: 1210.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 41 East Transit Street

DateEvent & SourcePriceAppreciation
Apr 13, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1409922

$1,295,000—
Sep 12, 2025

Sold (Public Record)

Public Record #1914279605

$850,000

+5.1% / yr

Aug 11, 2020

Sold (Public Record)

Public Record #675525759

$660,000—
DateEvent & SourcePrice
04/13/2026

Listed (Active)

Rhode Island Association of REALTORS® #1409922

$1,295,000
09/12/2025

Sold (Public Record)

Public Record #1914279605

$850,000

+5.1% / yr

08/11/2020

Sold (Public Record)

Public Record #675525759

$660,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 41 East Transit Street

Taxable ValueLand$324,000Additions$451,200Total$775,200
Tax Record2025$5,853 ($488 / month)
Home Facts
Baths5Total Finished SqFt3,630 SqFtAbove Grade Finished SqFt2,420 SqFtFinished Basement SqFt1,210 SqFtUnfinished Basement SqFt1,210 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930ZoningR-2CountyPROVIDENCEAPNPROV M:17 L:438

Schools near 41 East Transit Street

This home is within Providence School District.
Rating
School
Type
Grades
Distance
Vartan Gregorian Elementary School
Public - K to 5
Nathan Bishop Middle School
Public - 6 to 8
Hope High School
Public - 9 to 12
Hope Leadership School
Public - 9 to 12
Rating
School
Distance
Vartan Gregorian Elementary School
PublicK to 5

Nathan Bishop Middle School
Public6 to 8

Hope High School
Public9 to 12

Hope Leadership School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 41 East Transit Street, Providence, RI 02906

41 East Transit Street is a multi-family home for sale in Providence, RI 02906. This property was listed for sale on April 13, 2026 by Compass, it's currently listed at $1,295,000. It has been on the market for a total of 10 days and was last sold on September 12, 2025. This listing's school district is Providence School District. Nearby schools include Vartan Gregorian Elementary School, Nathan Bishop Middle School and Hope High School. 41 East Transit Street is a 8-bed, 5-bath, 3,630 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.