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$2,095,000
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Property Description
Located in the heart of Fox Point, just steps from historic Benefit Street, this exceptional 8-unit, two-building property offers a rare investment opportunity in one of Providence's most desirable neighborhoods. With a strong existing income stream and mostly month-to-month tenants, there's immediate potential for improvement to enhance overall returns. Both buildings have been well maintained, offering a solid foundation for additional improvements that could further elevate value and performance. The prime location allows residents to enjoy easy access to all that Fox Point has to offer, along with the scenic waterfront and walking paths of India Point Park. Whether you're expanding an established portfolio or taking the first step in building one, this property represents a smart, high-potential addition in a premier location.
Full Property Details
Full Property Details for 84 Transit St
General
- Price: $2,095,000
- Taxes: $34,676 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: STWMLS
- MLS ID: 1398128
- Updated: 1/14/2026
- Added to Site: 122 day(s) ago
Business
- Business Type: Residential
Interior
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: Common Area
Parking
- Total Spaces: 3
Location
- County: Providence
- Subdivision: Fox Point / College Hill
Community
- Units Assoc/Comm: 8
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Natural Gas Connected, Sewer Connected
Structural Information
- # Buildings: 2
- Structure Type: Multi Family
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 0
- Building Size: 6185
- Finished Total: 6,185 Sq. Ft.
- Finished Above Grnd: 6,185 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Sq. Ft.): 4,100
- Lot Size: 4100
- Sidewalks: Yes
- Potential Use: Multi-Family, Residential
Financial Considerations
- Tax Amount: $34,676
- Tax Year: 2025
Disclosures and Reports
- Property ID: 84TRANSITSTPROV
- Lot Number: 349
Listed by Residential Properties Ltd.
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Schools
Schools serving 84 Transit St
School District:Providence School District
| Name | Grades | Distance |
|---|---|---|
Vartan Gregorian El. School 455 Wickenden Street, Providence, RI 02903 | PK-5 | 0.4 mi |
Martin Luther King El. School 35 Camp Street, Providence, RI 02906 | K-5 | 1.2 mi |
Mary E. Fogarty El. School 199 Oxford Street, Providence, RI 02905 | K-5 | 1.3 mi |
Nathan Bishop Middle School 101 Sessions Street, Providence, RI 02906 | 6-8 | 1.4 mi |
Roger Williams Middle School 278 Thurbers Avenue, Providence, RI 02905 | 6-8 | 1.6 mi |
Gilbert Stuart Middle School 188 Princeton Avenue, Providence, RI 02907 | 6-8 | 1.7 mi |
Classical High School, Providence, RI 770 Westminster Street, Providence, RI 02903 | 9-12 | 1 mi |
Hope High School 324 Hope Street, Providence, RI 02906 | 9-12 | 1 mi |
Central High School, Providence, RI 70 Fricker Street, Providence, RI 02903 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 84 Transit St
Date
Details
Price
Change
Source
10/25/2025
Listed
$2,095,000
—
MLS
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
Tax History for 84 Transit St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$34,676
82%
$1,333,700
29%
2024
$19,025
24%
$1,036,800
24%
2023
$15,322
-17%
$835,000
-19%
2022
$18,455
-30%
$1,036,800
45%
2021
$26,255
—
$715,400
—
2019
$26,255
25%
$715,400
9%
2018
$21,023
—
$657,800
—
2017
$21,023
-13%
$657,800
—
2016
$24,141
14%
$657,800
14%
2015
$21,253
—
$578,300
—
2014
$21,253
—
$578,300
—
2013
$21,253
—
$578,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 84 Transit St
84 Transit Street, Providence, RI 02906 (MLS# 1398128) is a Commercial Multi-Family property. 84 Transit Street is currently listed for $2,095,000 and was received on October 25, 2025. Want to learn more about 84 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.

