Triplex with Detached
New
For Sale
$729,900
61 Emanuel Street, North Providence, RI 02911
Residential Income, North Providence, RI
Property Size2,700 SF
Lot Size0.35 Acres
Price / SF$270.33
Days on Market4
Property Features for 61 Emanuel Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 5, Basement, Bedroom 7, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 3
Parking
12
Basement
Full, Unfinished
Standard status
Active
Size
2,700 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7755
Utilities
Heating system
Baseboard, Natural Gas
Amenities
detached garage
Building Details
Year built
1920
Number of units
3
Flooring type
Hardwood
Building materials
Vinyl Siding
Listing Agency:
Westcott Properties
Listed By:
Melissa Riley · License #RES.0033799
(401) 421-5300
Added: Nov 3
Last Checked: Nov 6 at 9:06AM
MLS# 1427701
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit residential property contains 2,700 square feet and includes a detached garage. The building was constructed in 1920 and has vinyl siding, hardwood flooring, and baseboard heating fueled by natural gas. The interior includes seven bedrooms and three bathrooms.
The property occupies a 0.3516-acre lot in North Providence, Rhode Island. All three units are currently occupied, and the building has undergone recent renovations, though no specific renovation details are provided.
The property occupies a 0.3516-acre lot in North Providence, Rhode Island. All three units are currently occupied, and the building has undergone recent renovations, though no specific renovation details are provided.
Key Highlights
- Three‑unit property with 2,700 square feet
- 0.3516‑acre lot in North Providence, RI
- Detached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,956
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,120
$899.1K
Cap Rate 7%
$642,229
$642.2K
Cap Rate 9%
$499,511
$499.5K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$68.7K $25.44/SF
− Vacancy
−$4.5K −$1.65/SF
EGI
$64.2K $23.79/SF
− OpEx
−$19.3K −$7.14/SF
NOI
$45.0K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,120
Cap Rate 7%
$642,229
Cap Rate 9%
$499,511
Alternative Uses
Best Use
Multifamily LT 5
$642.2K
$562.0K – $749.3K
NOI $44,956 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$509.7K
$446.0K – $594.7K
NOI $35,679 @ 7.0% cap · market cap 4.89%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - All three units are occupied, with hardwood flooring and natural-gas baseboard heat.
Where is this triplex located?
The property is located at 61 Emanuel Street North Providence, RI.
What is the asking price?
The asking price for this property is $729,900.
What are key features of this property?
This property features: Three‑unit property with 2,700 square feet; 0.3516‑acre lot in North Providence, RI; Detached garage
