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    FOR SALE
    Triplexes

    49 Emanuel St North Providence, RI 02911

    Built 1920
    Entity Owned 7-yr Hold
    Property ID
    US76-0103899
    49 Emanuel St, North Providence, RI 02911 For Sale 1 / 30
    $799,900
    49 Emanuel St, North Providence, RI 02911
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    Property summary
    AI-generated overview

    Outstanding investment and development opportunity!! This property features two fully leased multifamily properties along with approved plans for a luxury four-unit residential development. Situated on an expansive parcel with substantial frontage and site potential, this project is shovel-ready with all approvals in place. Generate immediate rental income while moving forward with a high-end new construction development. The two 3 family dwellings have been recently renovated and have stable tenants and strong in-place income. The property also includes approvals for a four-unit residential development, offering endless possibilities for a visionary investor or developer to create a premier project tailored to the market. Ideally situated in a desirable suburban setting, this location offers the perfect balance of neighborhood charm and convenience, with easy access to major highways, shopping, dining, local amenities, and all that downtown Providence has to offer.

    Property profile
    Verified
    Property type Triplexes
    Year built 1920
    UPID US76-0103899
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Touchdown Realty Group · 7 yrs held
    Touchdown Realty Group
    since 2019
    3 recorded transactions
    2024
    Price N/A
    2020
    Price N/A
    2019
    $170,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    49 Emanuel St, North Providence, RI, 02911
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