50 East Transit Street, Providence, RI 02906

Property Description

Newly remodeled! The location can't be beat with this spacious legal 3-family in the heart of Fox Point! Nestled between Gano and Ives, this property is close to everything highways, Wayland Square, India Point Park and kayak launch, the universities, Wickenden St., shops, community gardens, and more. The first and second floors are both expansive 3-bedroom, 1-bath units featuring large living rooms, eat-in kitchens, butler's pantries, and private balconies. The third-floor unit offers 2 bedrooms, 1 bath, plus bonus office space. All three units have been beautifully remodeled with a lot of new windows, modern kitchens featuring brand-new stylish cabinets, quartz countertops, and stainless steel appliances, along with refinished hardwood floors throughout. Additional updates include newer heating systems on the 1st and 3rd floors, newer hot water tanks, vinyl siding, a young roof, and laundry hoop up in the basement. Tenants also enjoy a massive backyard and plenty of off-street parking. Sitting on a rare 10,000 sq. ft. lot in Fox Point, this property not only delivers strong rental income but also offers tremendous development potential for future expansion.