$729,900
About this home
** 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.
Property details
- MLS
- Rhode Island Association of REALTORS
- MLS #
- 1426521
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- October 20, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 1
- Parking spaces
- 11
- Lot size
- 0.3516 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 377
- Student:teacher ratio
- 14.0:1
- District
- North Providence
- Enrollment
- 405
- Student:teacher ratio
- 13.5:1
- District
- North Providence
- Enrollment
- 1,174
- Student:teacher ratio
- 14.5:1
- District
- Providence
Walkability
Blended score for North Providence's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in North Providence, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 1 days ago.
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.