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86 Transit Street

Providence, RI 02906
  • $799,999
  • STATUS: Active
  • ON SITE: 88 Days
  • MLS #: 1413023
UPDATED: 22 min ago
$799,999
  • 4
    BEDS
  • 0.03
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,672
    SQFT
  • $299
    $/SQFT
Type:
Multi-Family
Built:
1800
County:
Area:

School Ratings & Info

Description

Introducing 86 Transit Street, a two-family investment opportunity in the heart of Providence's East Side, just steps from Brown University and RISD. This versatile property includes a finished bonus space, offering additional flexibility for investors or owner-occupants alike. Recent capital improvements include a new Utica direct-vent condensing gas heating system (January 2026) and a new hot water tank (2025), providing efficiency and peace of mind. The property features shared laundry and 2-3 off-street parking spaces. With strong rental demand driven by its prime location, 86 Transit Street is well-suited for owner-occupants, traditional rentals, or potential short-term rental use. A savvy buyer may also explore the potential to convert the bonus space into an accessory dwelling unit, creating additional value. The property can be delivered vacant at closing.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-08-16T09:37:44.677.
www.onshorerealtors.com/homes/176655244
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86 Transit Street Providence, RI 02906

  • Price: $799,999
  • Status: Active
  • On Site: 88 Days
  • Updated: 22 min ago
  • MLS #: 1413023
4
Beds
3
Baths
0
½ Baths
0.03
Acres
2,672
SQFT
$299
$/SQFT
1800
Built
County:
Providence
Area:
Providence
Property Description
Introducing 86 Transit Street, a two-family investment opportunity in the heart of Providence's East Side, just steps from Brown University and RISD. This versatile property includes a finished bonus space, offering additional flexibility for investors or owner-occupants alike. Recent capital improvements include a new Utica direct-vent condensing gas heating system (January 2026) and a new hot water tank (2025), providing efficiency and peace of mind. The property features shared laundry and 2-3 off-street parking spaces. With strong rental demand driven by its prime location, 86 Transit Street is well-suited for owner-occupants, traditional rentals, or potential short-term rental use. A savvy buyer may also explore the potential to convert the bonus space into an accessory dwelling unit, creating additional value. The property can be delivered vacant at closing.
Exterior Features

Architectural Style Stacked Construction Materials Clapboard Covered Spaces 0 Foundation Details Block Brick / Mortar Garage YN No Parking Features No Garage Parking Total 2

Interior Features

Appliances Electric Water Heater Basement Full Finished Interior Entry Basement YN Yes Cooling Window Unit(s) Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Flooring Hardwood Heating Baseboard Gas Hot Water Heating YN Yes

Property Features

Electric 100 Amp Service Human Modified YN No Land Lease YN No Laundry Features Common Area New Construction YN No Operating Expense 0 Property Sub Type Multi Family Senior Community YN No Sewer Connected Public Sewer Tax Annual Amount 12847.8 Tax Assessed Value 917700 Tax Lot 544 Tax Year 2025 Utilities Sewer Connected Water Source Public

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of William Raveis Inspire: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-08-16T09:37:44.677.
 
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Onshore Realtors
57 Shore Rd, Suite B
Westerly RI, 02891