$425,000
$469,200
9.4%For more information regarding the value of a property, please contact us for a free consultation.
26.64 Acres Lot
SOLD DATE : 11/29/2023
Key Details
Sold Price $425,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Park Square
MLS Listing ID 1273278
Sold Date 11/29/23
HOA Y/N No
Annual Tax Amount $1,730
Tax Year 2020
Lot Size 26.640 Acres
Acres 26.64
Property Description
Builders & Developers take notice - Two Lots totaling 26+ acres. Residential single family homes, Elderly, religious venue potential options. 9+ acre parcel has been perc'd (see supplements ) Broadway is nestled behind Booth Pond Conservation Area and Bernon Park, accessible from Knight St in a lovely, private wooded area with wildlife such as deer, turkeys, fox, etc. such that you don't even feel like you're in Woonsocket.
A conservative Sales Revenue estimate of $30M - $45M depending on the number of units the city authorizes could be built.
City's new Water Treatment Plant being built just behind this property should make Water extensions more feasible.
I believe the Sewer line on Park Ave may have recently been increased, making a Sewer connection more viable also. The City said they would do a cost benefit analysis to determine viability of water and sewer connections to the area. City Officials are on board and waiting for proposals for this project. They said they would consider any proposal.
Location
State RI
County Providence
Community Park Square
Zoning R1 & R2
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
Utilities Available None, Water Not Available
Topography Cleared,Rough
Street Surface Asphalt
Building
Lot Description Cul-De-Sac, Private, Secluded, Wooded
Water None
Others
Senior Community No
Tax ID 0BROADWAYSTWOON
Financing Cash
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