256 Privilege Street, Woonsocket, RI 02895

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Sold Price
$470,700
List Price
$479,900
Closing Date
May 20, 2026
MLS#
1404727
Status
CLOSED
Type
Commercial
City
Woonsocket
County
Providence
Year Built
2026

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.

Additional Information

Sewer
Public Sewer, Sanitary
Taxes
$2,562
Community Features
Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

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Listing courtesy of Engel & Volkers Oceanside. Contact:

Selling Office: Century 21 Limitless.

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