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$849,900

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

Outstanding investment and development opportunity! This fully leased three-family property, complete with a detached garage, offers immediate cash flow and exceptional future potential. Situated on an expansive lot with significant frontage, the property presents exciting possibilities for additional development, including a potential accessory dwelling unit (ADU) or other value-add opportunities, subject to approvals. The three-family residence has been recently renovated and is occupied by stable tenants, providing strong in-place income from day one. Ideally located in a highly desirable suburban setting, this property offers the perfect blend of neighborhood charm and everyday convenience. Enjoy easy access to major highways, shopping, dining, local amenities, and all the attractions and opportunities of downtown Providence. Can be sold alone or with MLS 1414035 as a package.

Property details

MLS #
1414016
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
15
On market date
N/A
Stories
N/A
Garage spaces
2
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

Mortgage calculator

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Est. monthly payment
$5,268/mo
$169,980 down
$679,920 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 15, 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.