$219,000

About this home

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. Taxes based on current 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.

Property facts

Property type

Unimproved Land

Lot size (acres)

0.116

Annual taxes

$2,222

Tax year

2023

Neighborhood

Mineral Spring

County

Providence

Features

Utilities

Municipal Water, Sanitary Sewers, Storm Sewer, Water Available, Electricity Available, Natural Gas Available, Muncipal Water, Sewer Available

Community

Bus, Commuter Bus, Highway Access, Hospital, Interstate, Public School, Railroad, Restaurants, Schools, Shopping, Street Lights

Lot

Urban, Fenced, Sidewalks

Location