58 E  Transit St, Providence, RI 02906
Property image
Property image
OFF MARKET

58 E Transit St
Providence, RI 02906

Fox Point
  • 6 Beds
  • 4 Baths

$908,300

Trulia Estimate
as of Jul 8, 2026

$908,300

Trulia Estimate
as of Jul 8, 2026
6 Beds
4 Baths

Local Information

  • Map ViewExplore the area around 58 E Transit St.
  • Schools8 Preschool Schools19 Elementary Schools5 Middle Schools6 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

7.2% Cap Rate, Estimated $113,000 in annual gross rents and cash flow after mortgage of approx $20,000. Seven total units plus a garage on one lot. One three-family home and one four-family home on this one parcel comprise the 7 units. The front building is a 3-family with all 2-bedroom apartments (1 occupied, 2 vacant). The 4-family is located on the rear of the lot consisting of 2 2-bedroom units and 2 1-bedroom units (2 occupied, 2 vacant). Some of the apartments have electric baseboard heat. The two 1-bedroom units were recently remodeled with new kitchens, tile flooring, baths, granite counters etc. Great rental history to medical students/residents/fellows as well as Brown Univ. grad students. Tenants pay their own utilities w/ exception of 2 units where partial electric included. Potential for value add with condo conversion. Off-street parking available for roughly 6 vehicles. Newer roof on front building, replacement vinyl windows, and vinyl siding make this a great low maintenance investment opportunity. Located in the highly desirable Fox Point area on the East Side of Providence. This listing is part of a portfolio consisting of a total of 20 apartments with nearly $300,000 in annual gross rents. See MLS numbers 1247130 (117 Warren Ave, East Providence) and 1244418 (364 High St, Central Falls) for more info along with attached profit and loss statements. These properties can be sold as a package for the savvy investor or individually by MLS listing
58 E Transit St, Providence, RI 02906 is a 6 bedroom, 4 bathroom multi-family in Fox Point, built in 1930. It is currently off market. The Trulia Estimate is $908,300, with a rent estimate of $2,701/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 58 E Transit St

Interior Features

Heating & Cooling
Heating: Baseboard, GasHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Exterior: Vinyl

Lot Information

Lot Area: 5000 sqft

Price History for 58 E Transit St

DatePriceEventSource
06/06/2020$999,900ListingRemovedAgent Provided
02/15/2020$999,900Listed For SaleAgent Provided

Market trends in Providence

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$409K
$2.67K
MoM
Sale-to-List Price
99.4%
Price per sq ft
$319
$11
MoM
Available listings
233
18
MoM
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Comparable Sales for 58 E Transit St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Multi-Family Home
$1,154,143
07/09/25
6
5
3,456
0.13
Multi-Family Home
$920,000
10/16/25
5
4
2,318
0.05
Multi-Family Home
$1,210,000
06/12/26
8
5
2,995
0.02
Multi-Family Home
$590,000
11/05/25
5
3
1,840
0.14
Multi-Family Home
$745,000
09/15/25
8
3
2,250
0.01
Multi-Family Home
$902,000
11/07/25
8
3
3,162
0.24
Multi-Family Home
$857,000
05/08/26
8
3
2,715
0.16
Multi-Family Home
$1,100,000
03/31/26
9
3
3,032
0.20
Multi-Family Home
$925,000
01/08/26
5
3
2,592
0.16
Multi-Family Home
$1,400,000
12/12/25
9
6
3,072

Nearby homes

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Assigned Schools

These are the assigned schools for 58 E Transit St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Fox Point

At least 45 Trulia users voted on each feature.
  • 96 % Say there are sidewalks

  • 96 % Say it's dog friendly

  • 90 % Say it's walkable to restaurants

  • 85 % Say people would walk alone at night

  • 83 % Say streets are well-lit

  • 76 % Say it's walkable to grocery stores

  • 75 % Say parking is easy

  • 54 % Say there's holiday spirit

  • 53 % Say neighbors are friendly

  • 50 % Say kids play outside

  • 49 % Say they plan to stay for at least 5 years

  • 47 % Say car is needed

  • 40 % Say yards are well-kept

  • 34 % Say there are community events

  • 31 % Say it's quiet

  • 30 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Robin Geisser
    "Dogs are well liked in our community. There are many neighbors and visitors that walk their dogs in our neighborhood. "
  • Trulia User
    "Walkable commute. Or easy under 10 minute drive anywhere. Easy access to highways and downtown. Not sure what else to say. There are buses, but there is a definite socioeconomic division of who uses it."
  • Milestonepropllc
    "Fox Point is an amazing & diverse neighborhood with great food options. Very walkable to downtown, Brown, RISD & pet friendly. Parking can be tight & occasional rowdyness at night but that's city life & part of the flavor you sign up for. Among my favorite communities in PVD. "
  • Mzlomke29
    "I’ve lived in this area for 10 years and love it here. It’s very walkable and has a nice, small neighborhood feel, while also being super centrally located. "
  • Dan R.
    "I see people walking dogs everywhere. Shops and businesses have dog treats readily available. There are not a lot of open spaces so you might have to keep your dog on a tight leash. "
  • Mason B.
    "So many dogs in this area. Just don’t bring them to the dog park near the bridge to East Providence. Too many parasites. "
  • Mason B.
    "I drive to work everyday, but I would love to bike, if only I didn’t need my car for work... It only takes 10 minutes drive to get to work and I stop to pick up a coffee at my local favorite cafe. Not bad at all!"
  • Mason B.
    "Maybe not walk at the Dog Park, I’ve heard there’re too many parasites. But the neighborhood is dog-friendly and safe enough to walk around in at all hours. "
  • John_Mustard
    "I can walk to work or ride a bike. I use a zip car when our only car is being used for something. My kids walk to school. "
  • Melissa
    "The homes are mostly from the 1800's, however well kept. Fox Point is near lots of shops, Brown University, restaurants, parks, bars and the waterfront. I love this area."
  • Ethan
    "Fantastic neighborhood with awesome food walking distance from anywhere, always something going on, great vibe!"
  • Ethan
    "Always something to see or do, great culture, lots of fun loving people here. Fantastic neighborhood."
  • Sigepcarlos
    "I have lived in college home for 2 years and I love it’s proximity to all things providence. Minutes from brown and downtown as well as countless restaurants and bars. "
  • bcsmith7896
    "Great historic buildings and young college vibes. You can’t lose. Lose to Brown/RISD and close to restaurants. "
  • davidhlaborde
    "I live off of governor st. and this neighborhood is one of the cleanest and quietest I have ever lived in. Very happy to live in this neighborhood. "

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Homes for sale near 58 E Transit St

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Off Market Homes Near 58 E Transit St

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