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$749,000
 $4,021 est/mo Sourced by Back At You

86 Transit Street,Providence, RI 02906

Providence, RI 02906

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Description

Introducing 86 Transit Street, a two-family property in the heart of Providence's East Side, just steps from Brown University and RISD. Great opportunity for owner-occupants. This versatile property includes a finished bonus space on the 1st floor, 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 and 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 will be delivered vacant

Details

MLS #1421996
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1800
Days On Site43
Listing Provided ByWilliam Raveis Inspire | Spencer Kelleher

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,672
BasementY
Units3
Building(s)1
Acreage0.03

Interior

Rooms Total10
HeatingNatural Gas, Baseboard, Forced Water
Heating Yes / NoYes
CoolingWall Unit(s)
Cooling Yes / NoYes
AppliancesGas Water Heater
Interior FeaturesPlumbing (Mixed)
Fireplaces Total1
Laundry FeaturesCommon Area, In Building

Exterior

Foundation DetailsStone
Lot FeaturesLocal Historic District
Construction MaterialsClapboard

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesNo Garage

Utilities

SewerPublic Connected
Electric100 Amp Service

Taxes

Tax Annual Amount12847.8
Tax Assessed Value917700
Tax Lot544
Tax Year2026

Area Information

StateRI
CountyProvidence
CityProvidence
Zip Code02906
AreaProvidence
Listing VS Median (in 02906)
Price:
$749,000
low | high
Med:
$749,450
49.939919893191% of Average
sqft:
2,672
low | high
Med:
2,276
64.820359281437% of Average
$ / sqft:
$280
low | high
Med:
$337
29.762505640276% of Average
On site:
43
low | high
Med:
48
89.583333333333% of Average
Sourced by Back At You

Market Activity 02906

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The information is being provided by Rhode Island Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Rhode Island Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

Ben Montenegro

Ben Montenegro

Andrew Abu Inc

9560655 (508) 364-9897ben@andrewabu.com
StateRI
CountyProvidence
CityProvidence
Zip Code02906
AreaProvidence
Listing VS Median (in 02906)
Price:
$749,000
low | high
Med:
$749,450
49.939919893191% of Average
sqft:
2,672
low | high
Med:
2,276
64.820359281437% of Average
$ / sqft:
$280
low | high
Med:
$337
29.762505640276% of Average
On site:
43
low | high
Med:
48
89.583333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $561K - $936K
sqft: 2,000 - 3,000
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3 Ship Street UNIT 102 Property Photo 1
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3 Ship Street Unit 102
Providence, RI 02903
203 Power Street Property Photo 1
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203 Power Street
Providence, RI 02906
Listing Updated: October 2, 2026 at 11:32:46 PM PDT