49 Emanuel St

North Providence RI 02911

2700 sq. ft.

15315 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

** Welcome to 49 Emanuel Street! ** An exceptional investment opportunity with outstanding income and future development potential! This partially occupied three-family property, complete with a detached garage, delivers immediate rental income while offering the flexibility to maximize the site's long-term value. Positioned on a generously sized lot with substantial frontage, the property presents exciting possibilities for future expansion, including the potential for an accessory dwelling unit (ADU) or other development opportunities, subject to local approvals. The building has been thoughtfully renovated and is currently 2/3 occupied, providing strong, stable cash flow. The second-floor apartment is currently vacant, creating an ideal opportunity for an owner-occupant seeking a spacious primary residence while benefiting from rental income from the units above and below. Located in a sought-after suburban neighborhood, this property combines a convenient location with excellent accessibility. Enjoy quick access to major highways, shopping, restaurants, local amenities, and everything downtown Providence has to offer. Available for purchase individually or together with the neighboring property at 61 Emanuel, for an outstanding investment package.

Features

8 bedrooms

3 bathrooms

11 carspaces

1 garage space

2700 sq. ft. floor area

15315 sq. ft. lot size

Multi-Family

Property history for 49 Emanuel St

2019

Sold

$170,000

04 Jan 2019 by Tom Rao, of Hogan Associates

2019

Sold

Undisclosed

04 Jan 2019 by Tom Rao, of Hogan Associates

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