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$1,295,000 Just Listed

  • For Sale
  • Active
  • Commercial Multi-Family
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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.

Full Property Details for 41 E Transit St

General

  • Price: $1,295,000
  • Taxes: $10,852 (2026)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: STWMLS
  • MLS ID: 1409912
  • Updated: 4/13/2026
  • Added to Site: 1 day(s) ago

Interior

  • Furnishings: Unfurnished

Rooms

Other Rooms

  • Laundry: Common Area, In Unit

Additional Information

  • Tennis: Yes

Parking

  • Total Spaces: 5

Location

  • County: Providence
  • Subdivision: Fox Point
  • Near Highway: Yes

Community

  • Units Assoc/Comm: 5

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Heat Pump, Central Air Conditioning
  • Heating Type: Heat Pump

Utilities

  • Sewer: Connected, Public Sewer
  • Water: Connected, Public
  • Utility Description: Electricity Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected

Structural Information

  • # Buildings: 3
  • Structure Type: Multi Family
  • Detached/Attached: Attached
  • Construction: Brick, Frame
  • Basement: Yes
  • Basement Desc.: Full
  • Stories/Levels: 3
  • Building Size: 3630
  • Finished Total: 3,630 Sq. Ft.
  • Finished Above Grnd: 3,630 Sq. Ft.
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.115
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size: 5000
  • Potential Use: Multi-Family

Financial Considerations

  • Tax Amount: $10,852.8
  • Tax Year: 2026
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Documents Avail.: Aerial
  • Property ID: 41EASTTRANSITSTPROV
  • Lot Number: 438

Listed by Compass

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— 41 E Transit St —

  • Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 41 E Transit St

School District:Providence School District
NameGradesDistance
Vartan Gregorian El. School
455 Wickenden Street, Providence, RI 02903
PK-50.2 mi
Martin Luther King El. School
35 Camp Street, Providence, RI 02906
K-51.3 mi
Mary E. Fogarty El. School
199 Oxford Street, Providence, RI 02905
K-51.6 mi
Nathan Bishop Middle School
101 Sessions Street, Providence, RI 02906
6-81.3 mi
Roger Williams Middle School
278 Thurbers Avenue, Providence, RI 02905
6-81.9 mi
Gilbert Stuart Middle School
188 Princeton Avenue, Providence, RI 02907
6-82.1 mi
Hope High School
324 Hope Street, Providence, RI 02906
9-121.1 mi
Classical High School, Providence, RI
770 Westminster Street, Providence, RI 02903
9-121.5 mi
Central High School, Providence, RI
70 Fricker Street, Providence, RI 02903
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 41 E Transit St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$1,295,000
52.35%
MLS
9/12/2025
Sold
$850,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 41 E Transit St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,853
-40%
$775,200
46%
2024
$9,753
—
$531,500
—
2023
$9,753
3%
$531,500
—
2022
$9,461
20%
$531,500
65%
2021
$7,889
67%
$321,200
—
2019
$4,735
-47%
$321,200
14%
2018
$9,006
—
$281,800
—
2017
$9,006
—
$281,800
—
2016
$9,006
5%
$281,800
9%
2015
$8,560
-2%
$258,600
—
2014
$8,728
—
$258,600
—
2013
$8,728
—
$258,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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41 East Transit Street, Providence, RI 02906 (MLS# 1409912) is a Commercial Multi-Family property. 41 East Transit Street is currently listed for $1,295,000 and was received on April 13, 2026. Want to learn more about 41 East Transit Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.

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