Multifamily Property Development
For Sale
$1,799,999
49 Emanuel Street, North Providence, RI 02911
Two multifamily properties with approved plans for luxury residential development.
Property SizeContact for details
Days on Market87
Property Features for 49 Emanuel Street
General Information
Standard status
Active
Total Parking Spaces
20
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$15,511
Building Details
Year Built
1920
Buildings
4
Listing Agency:
Westcott Properties
(401) 421-5300
Listed By:
Melissa Riley · License #27164
Source:
Liongatere
Added: May 18
Changed: Aug 8
Last Checked: Jul 16 at 1:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westcott Properties
Investment Insights
Based on property information with market context.
This property presents an investment and development opportunity, featuring two fully leased multifamily properties and approved plans for a four-unit residential development. The project is shovel-ready with all approvals in place. The two three-family dwellings have been recently renovated and have stable tenants and strong in-place income. The property includes approvals for a four-unit residential development, offering possibilities for an investor or developer to create a premier project. The location offers a balance of neighborhood charm and convenience, with access to major highways, shopping, dining, local amenities, and downtown Providence.
Key Highlights
- Shovel‑ready with approved plans for a luxury four‑unit residential development.
- Generates immediate rental income from two fully leased, recently renovated three‑family dwellings.
- Expansive parcel with substantial frontage and site potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
Demographics for 02911, RI
16,384
Population
6,894
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
6,554
Density / Sq Mi
$85,803
Median Household Income
$53,209
Median Earnings
$1,480
Median Rent
$319,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Two multifamily properties with approved plans for luxury residential development.
Where is this triplex located?
The property is located at 49 Emanuel Street North Providence, RI.
What is the asking price?
The asking price for this property is $1,799,999.
What are key features of this property?
This property features: Shovel‑ready with approved plans for a luxury four‑unit residential development.; Generates immediate rental income from two fully leased, recently renovated three‑family dwellings.; Expansive parcel with substantial frontage and site potential.
