84 Transit Street, Providence, RI 02906 - Photo 1

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$1,595,000 -$100,000 (-5.9%) Price Reduced

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Commercial Multi-Family

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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.

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Full Property Details

Full Property Details for 84 Transit St

General

Price: $1,595,000
Taxes: $34,676 (2025)
Status: Active
Type: Commercial Multi-Family
Source: STWMLS
MLS ID: 1406378
Updated: 7/13/2026
Added to Site: 125 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: 6188
Finished Total: 6,188 Sq. Ft.
Finished Above Grnd: 6,188 Sq. Ft.
Year Built: 1900

Lot Features

Lot Size (Sq. Ft.): 4,100
Lot Size: 4100
Sidewalks: Yes
Potential Use: Investment, Multi-Family, Residential

Financial Considerations

Tax Amount: $34,676
Tax Year: 2025
Terms: Owner May Carry, Owner May CarrySecond

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 84 Transit St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/13/2026

Price Reduced

$1,595,000

-5.9%

MLS

4/13/2026

Price Reduced

$1,695,000

-8.38%

MLS

3/11/2026

Listed

$1,850,000

—

MLS

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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

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

—

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.

Estimate the Cost

Estimate the Cost for 84 Transit St

84 Transit Street, Providence, RI 02906 (MLS# 1406378) is a Commercial Multi-Family property. 84 Transit Street is currently listed for $1,595,000 and was received on March 11, 2026. 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.

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84 Transit St Providence, RI 02906