$259,000

457 Mineral Spring Ave Pawtucket, RI 02860

Fairlawn Neighborhood

Estimated payment $1,559/month

Total Views 4,307
0.12 Acres
$2,238,548 Price per Acre
5,040 Sq Ft Lot

Highlights

  • Recreation Facilities
  • Shops
  • Fenced
  • Public Transportation
  • Property near a hospital
  • Level Lot

About This Lot

Great opportunity to build on this 5,040 SF vacant lot in a super convenient location close to the Pawtucket train station. The property already has a variance in place for a 6-family build, making it a solid option for investors or developers looking to create income-producing housing. Plans for the site include off-street parking, which is a big plus for future tenants. A number of helpful documents are included to make the process easier, including a rendering of the finished project, conceptual unit layouts, a full site plan showing the building, parking, and driveway, and the zoning certificate. The lot is currently fully fenced in. Whether you're planning to build and hold or sell once completed, this property has a lot of the groundwork already in place to get started.

Listing Agent

Stephanie Basile

Serhant New England Listed on: 03/29/2026

Serhant New England

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,222

Lot Details

  • 5,040 Sq Ft Lot
  • Fenced
  • Level Lot
  • Finished Lot(s)
  • Property is zoned RM, Multi-Family,Residential

Location

  • Property near a hospital

Listing and Financial Details

  • Tax Lot 550
  • Assessor Parcel Number 457MINERALSPRINGAVPAWT

Community Details

Overview

  • Mineral Spring Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Recreation Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$2,222

Lot Details

5,040 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Business Type: Residential
  • Lot Size Acres: 0.1157
  • Road Frontage Type: City Street
  • Inclusions: Taxes based on commercial real estate rate of $23.01/1000. If a property is built with less than 6 units, the real estate tax rate would decrease to the residential real estate tax rate of $13.15/$1000
  • Subdivision Name: Mineral Spring
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Topography: Level

Utilities

  • Sewer: Sanitary, Storm Sewer
  • Utilities: Water Available

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, High Traffic Location, Street Lights, Sidewalks
  • Senior Community: No

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 5040.0
  • Parcel #: 457MINERALSPRINGAVPAWT
  • Zoning Description: Multi-Family,Residential
  • Zoning: RM

Tax Info

  • Tax Annual Amount: 2222.0
  • Tax Lot: 550
  • Tax Year: 2023

Map

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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 $1,270 $96,600 $96,600 $0
2024 $1,192 $96,600 $96,600 $0
2023 $994 $58,700 $58,700 $0
2022 $973 $58,700 $58,700 $0
2021 $973 $58,700 $58,700 $0
2020 $1,241 $59,400 $59,400 $0
2019 $1,241 $59,400 $59,400 $0
2018 $1,196 $59,400 $59,400 $0
2017 $1,302 $57,300 $55,700 $1,600
2016 $1,254 $57,300 $55,700 $1,600
2015 $4,231 $193,300 $61,900 $131,400
2014 -- $187,100 $55,700 $131,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2026 03/29/26 For Sale $259,000 +97.7% --
08/17/2022 08/17/22 Sold $131,000 +0.8% -- View Prior Sale
07/17/2022 07/17/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $129,900 -13.3% --
04/27/2022 04/27/22 Price Changed $149,900 -6.3% --
04/15/2022 04/15/22 For Sale $159,900 -- --
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed $131,000 None Available
Deed $100,000 None Available
Not Resolvable $70,000 None Available
Deed -- --
Deed $3,108 --
Deed -- --
Deed $8,154 --
Deed $6,672 --
Deed $4,151 --
Deed $4,686 --
Source: Public Records

Source: State-Wide MLS

MLS Number: 1408651

State-Wide MLS

APN: PAWT-000046-000000-000550

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