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$479,900 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 1.11 Acres
  • Updated 13 hours ago
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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 is 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 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.

Full Property Details for 256 Privilege St

General

  • Price: $479,900
  • Taxes: $2,562 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: STWMLS
  • MLS ID: 1404452
  • Updated: Today (2/10/2026)
  • Added to Site: Today

Business

  • Business Type: Residential

Location

  • County: Providence
  • Subdivision: RI MA Line

Utilities

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

Structural Information

  • Detached/Attached: Detached
  • Stories/Levels: 0

Lot Features

  • Property View: Water
  • Lot Size (Acres): 1.11
  • Lot Size (Sq. Ft.): 48,352
  • Lot Size: 48352
  • Frontage: City Street
  • Street Lights: Yes
  • Topography: Cleared, Level
  • Lot Features: Waterfront, Level
  • Development Status: Other, Rough Grade
  • Potential Use: Multi-Family, Residential
  • Zoning: Condominium, Multi-Family, Residential

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: River Access, Walk to Water, Waterfront

Financial Considerations

  • Tax Amount: $2,562
  • Tax Year: 2025

Disclosures and Reports

  • Documents Avail.: Aerial, Building Plans, Environmental Study, Feasibility Study, Site Plan, Soil Test, Survey, Topographical Survey, Water/Well Report
  • 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 (hydr
  • Disclosures/Rstr.: Owner Has Flood Insurance
  • Property ID: 256PRIVILEGESTWOON
  • Lot Number: 214

Listed by Engel & Volkers Oceanside

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— 256 Privilege St —

  • Engel & Volkers Oceanside

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 256 Privilege St

School District:Woonsocket School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 256 Privilege St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/10/2026
Listed
$479,900
150.08%
MLS
5/04/2021
Sold
$191,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 256 Privilege St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,562
-6%
$120,300
19%
2024
$2,725
4%
$101,000
—
2023
$2,620
—
$101,000
—
2022
$2,620
8%
$101,000
45%
2021
$2,415
-1%
$69,500
—
2020
$2,449
-3%
$69,500
—
2018
$2,515
23%
$69,500
25%
2017
$2,053
-4%
$55,600
—
2016
$2,132
-6%
$55,600
—
2015
$2,263
-8%
$55,600
-10%
2014
$2,463
16%
$61,600
—
2013
$2,129
—
$61,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Engel & Volkers Oceanside

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256 Privilege Street, Woonsocket, RI 02895 (MLS# 1404452) is a Lots/Land property with a lot size of 1.11 acres. 256 Privilege Street is currently listed for $479,900 and was received on February 10, 2026. Want to learn more about 256 Privilege Street? Do you have questions about finding other Lots/Land real estate for sale in Woonsocket? You can browse all Woonsocket real estate or contact a Coldwell Banker agent to request more information.

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