49 Emanuel Street North Providence

$729,900
8 3 2,700 sq ft

The Property

Not to be missed!! An exceptional investment opportunity with outstanding income and future development potential! This fully 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 occupied, providing strong, stable cash flow. The first-floor apartment will soon be vacant, creating an ideal opportunity for an owner-occupant seeking a spacious primary residence while benefiting from rental income from the upper units.

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.

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Listing Details

MLS Number

1420012

Lot Size:

0.35 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Heating: Natural Gas, Baseboard
  • Heating Fuel: Natural Gas, Baseboard
  • Garage: 1
  • Year Built: 1920

Market Trends for Single Family Homes
in North Providence

  • Overview
    Homes for Sale Today70-94.4% decrease in inventory
    New on Market *5561.8% increase in new listings
    Avg. Asking Price/Sq.Ft. *$305.19$5 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$377,269$94,530 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.40%-1.3% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$311.04$16 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *680 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
Phone: 401-421-5300

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