256 Privilege ST, Woonsocket, RI 02895
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256 Privilege ST, Woonsocket, RI 02895
256 Privilege ST, Woonsocket, RI 02895
256 Privilege ST, Woonsocket, RI 02895
256 Privilege ST, Woonsocket, RI 02895
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Emilio DiSpirito

Emilio DiSpirito

+1(401) 359-2338
$ 479,900
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Pending

256 Privilege ST Woonsocket, RI 02895

1.11 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

Subdivision Ri Ma Line

MLS Listing ID 1404452

HOA Y/N No

Annual Tax Amount $2,562

Tax Year 2025

Lot Size 1.110 Acres

Acres 1.11

Property Description

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.

Location

State RI

County Providence

Community Ri Ma Line

Interior

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.

Exterior

Community Features Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Street Lights

Utilities Available Electricity Available, Fiber Optic Available, Natural Gas Available, Municipal Utilities, Phone Available, Water Connected, Water Available

Waterfront Description River Access,Walk to Water,Waterfront

View Y/N Yes

View Water

Topography Cleared,Level

Building

Lot Description Waterfront, Level

Sewer Sanitary

Water Public

New Construction No

Others

Senior Community No

Tax ID 256PRIVILEGESTWOON

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Emilio DiSpirito

Emilio DiSpirito

License Partner | Private Office Advisor | License ID: S35582

+1(401) 359-2338

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256 Privilege ST