49 - 61 Emanuel Street North Providence

$1,799,999
30,492 sq ft

The Property

Outstanding investment and development opportunity!! This property features two fully leased multifamily properties along with approved plans for a luxury four-unit residential development. Situated on an expansive parcel with substantial frontage and site potential, this project is shovel-ready with all approvals in place. Generate immediate rental income while moving forward with a high-end new construction development.

The two 3 family dwellings have been recently renovated and have stable tenants and strong in-place income.

The property also includes approvals for a four-unit residential development, offering endless possibilities for a visionary investor or developer to create a premier project tailored to the market.

Ideally situated in a desirable suburban setting, this location offers the perfect balance of neighborhood charm and convenience, with easy access to major highways, shopping, dining, local amenities, and all that downtown Providence has to offer.

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Listing Details

MLS Number

1412892

Lot Size:

0.70 acres

Features

  • Suburban
  • Year Built: 1920

Market Trends for Commercial Properties
in North Providence

  • Overview
    Homes for Sale Today18-91.7% decrease in inventory
    New on Market *2-33.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$438.95$434 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,050,000$235,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *80.83%-5.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$110.04$110 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *637414 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Westcott Properties

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