49 Emanuel Street 61, North Providence, RI 02911

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.