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$1,600,000
Est. payment /mo
0.7 Acres Lot
New
49 Emanuel ST North Providence, RI 02911
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1420705
HOA Y/N No
Year Built 1920
Annual Tax Amount $15,511
Tax Year 2025
Lot Size 0.700 Acres
Property Sub-Type Commercial
Property Description
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.
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.
Location
State RI
County Providence
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 20
Building
Sewer Connected
New Construction No
Others
Tax ID 4961EMANUELSTNPRO
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Listed by Westcott Properties
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