$479,900
PENDING

Estimated payment $2,679/month

Total Views 350
1.11 Acres
$432,342 Price per Acre
48,352 Sq Ft Lot

Highlights

  • River Access
  • 1.11 Acre Lot
  • Public Transportation
  • Waterfront
  • Recreation Facilities
  • Shops

About This Lot

Exceptional opportunity to acquire a fully entitled residential development in Woonsocket, RI: Mill River Townhouses at 256 Privilege Street (R-4 High Density Residential). Municipal and regulatory groundwork is already complete. The project was previously approved for a 12-unit residential townhouse development with parking, utilities, and engineered stormwater infrastructure. The City issued Final Plan Approval and Findings of Fact confirming zoning compliance, no significant environmental impacts, and adequate municipal water/sewer capacity. The development also received dimensional variance approval from the Woonsocket Zoning Board of Review for the full 12-unit scope. RIDEM Freshwater Wetlands Permit approval is secured, including authorization for stormwater discharge under the RIPDES Construction General Permit, with stamped plans and defined terms in place. Supporting municipal reviews include DPW utility sign-off (drainage acceptability) and Water Division requirements (hydrant placement, backflow devices, meter compatibility). The previously approved plan set identifies Mill River Townhouses as Assessor's Map 21, Lot 214. This offering provides a major head start for a qualified builder or investor seeking a high-density infill project with entitlements substantially complete. Full development package available upon request.

Listing Agent

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 02/10/2026

Engel & Volkers Oceanside

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,562

Lot Details

  • 1.11 Acre Lot
  • Waterfront
  • Level Lot
  • Rough Grade
  • Property is zoned Condominium,Multi-Family,Residential

Utilities

  • Municipal Utilities District
  • Fiber Optics Available
  • Phone Available

Additional Features

  • Water Views
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 214
  • Assessor Parcel Number 256PRIVILEGESTWOON

Community Details

Overview

  • Ri Ma Line Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities
  • River Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$2,562

Lot Details

1.11 Acres

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 1.11
  • Road Frontage Type: City Street
  • Inclusions: Entitlement work is substantially complete for the approved 12-unit Mill River Townhouses project, including City Final Plan Approval, dimensional variance, and an issued RIDEM Freshwater Wetlands Permit with stamped plans on file. Buyer should be a qualified developer comfortable with urban infill execution near a river corridor. Remaining items are primarily technical and administrative, not zoning-based. Municipal utility reviews are complete, with typical final coordination items noted (hydrant placement, backflow devices, meter compatibility, and sewer appurtenances). RIDEM approval is in place; successor sponsor will assume compliance with permit conditions, stormwater BMP implementation, and long-term maintenance requirements. Project advanced through permitting but paused due to sponsor timing/capital considerations, not municipal opposition. Full due diligence package available upon request.
  • Subdivision Name: RI MA Line
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family, Residential

Exterior Features

  • Lot Features: Waterfront, Level
  • Topography: Cleared,Level
  • View: Water
  • View: Yes
  • Waterfront Features: River Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance

Utilities

  • Sewer: Sanitary
  • Utilities: Electricity Available, Fiber Optic Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Street Lights
  • Senior Community: No

Lot Info

  • Development Status: Other, Rough Grade
  • Land Lease: No
  • Lot Size Sq Ft: 48352.0
  • Parcel #: 256PRIVILEGESTWOON
  • Zoning Description: Condominium,Multi-Family,Residential

Tax Info

  • Tax Annual Amount: 2562.0
  • Tax Lot: 214
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,562 $120,300 $120,300 $0
2024 $2,725 $101,000 $101,000 $0
2023 $2,620 $101,000 $101,000 $0
2022 $2,620 $101,000 $101,000 $0
2021 $2,415 $69,500 $69,500 $0
2020 $2,449 $69,500 $69,500 $0
2018 $2,515 $69,500 $69,500 $0
2017 $2,053 $55,600 $55,600 $0
2016 $2,132 $55,600 $55,600 $0
2015 $2,263 $55,600 $55,600 $0
2014 $2,463 $61,600 $61,600 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2026 02/13/26 Pending -- -- --
02/10/2026 02/10/26 For Sale $479,900 -- --
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed In Lieu Of Foreclosure $182,462 --
Warranty Deed $191,900 None Available
Warranty Deed $191,900 None Available
Warranty Deed $30,000 --
Warranty Deed $30,000 --
Deed $150,000 --
Source: Public Records

Source: State-Wide MLS

MLS Number: 1404452

State-Wide MLS

APN: WOON-000021H-000214-000022

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