why it is a milltown

OK, so the town, like much of Rhode Island, is on the skids. But it has some great natural features and  unbelievable building stock. Take the old bank building (not visible), for instance. It had the grand entrance, maybe six floors, working elevator, great condition—just sitting there waiting for somebody to come up with a magical idea for—maybe—an ultra chic retirement commune or crack house. Yours for $250,000! Total! And then there are the mill buildings, in various states of rehab. Just add artists!