86 Transit Street, Providence, Residential Income

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 traditional rentals, student housing, 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.