49 Emanuel Street, North Providence, RI 02911

Property Description

Not to be missed!! An exceptional investment opportunity with outstanding income and future development potential! This fully 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 occupied, providing strong, stable cash flow. The first-floor apartment will soon be vacant, creating an ideal opportunity for an owner-occupant seeking a spacious primary residence while benefiting from rental income from the upper units. 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.