49 Emanuel Street
Property Description
** Welcome to 49 Emanuel Street! ** An exceptional investment opportunity with outstanding income and future development potential! This partially 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 2/3 occupied, providing strong, stable cash flow. The second-floor apartment is currently vacant, creating an ideal opportunity for an owner-occupant seeking a spacious primary residence while benefiting from rental income from the units above and below. 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.
Broker Details
Westcott Properties Inc (401) 421-5300
MLS ID: 27164 State License Number: RES.0033799
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $729,900 |
| No. of Units: | 3 |
| Year Built: | 1920 |
| Lot Size: | 2,700.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $243,300 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 3 |
ID: 3yd-SWMLSRI-1426521
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