Multi Family at 49 Emanuel Street, North Providence
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30 photos

$729,900

49 Emanuel Street
North Providence, RI 02911
Listed by Melissa Riley
Bedrooms
8
Bathrooms
3
Living area
N/A
Year built
1920

About this home

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.

Property details

MLS #
1420012
Property type
Multi Family
Subdivision
Allendale
Status
Active
Days on market
10
On market date
August 6, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
1
Parking spaces
11
Lot size
0.3516 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
James L. McGuire School
0.71 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
377
Student:teacher ratio
14.0:1
District
North Providence
Middle
Dr. Edward Ricci School
0.2 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
405
Student:teacher ratio
13.5:1
District
North Providence
High
Mount Pleasant High
1.15 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,174
Student:teacher ratio
14.5:1
District
Providence

Walkability

Blended score for North Providence's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

84
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Nearby-amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks4
Schools11
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in North Providence, from live MLS data.

On the market 10 days -- 26 fewer days than North Providence's current average of 36 days.
For reference, the median list price across 216 active listings in North Providence right now is $382,495.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,546/mo
$145,980 down
$583,920 loan
Principal & interest$3,787
Property tax (est.)$608
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated August 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.