46 E Street Bristol

$789,900
4 3 2,296 sq ft

The Property

A rare investment opportunity in the heart of beautiful Bristol. This three family property is being offered together with the adjacent buildable lot, creating an exceptional value add opportunity for investors, contractors, and developers alike.

The existing multifamily features two one bedroom units on the first floor and a spacious second floor unit, all with separate electric and water meters. The first floor units are heated by gas on gas stoves, with one unit also featuring a mini split system for added comfort.

The second floor unit has oil baseboard heat. An 8 year old roof provides a solid starting point, while the remainder of the property is ready for renovation, allowing the next owner to maximize its income potential. Adding to the appeal, the sale includes the 6,720 square foot adjacent parcel which the Town of Bristol has confirmed is buildable for a single family home. Opportunities like this, offering an income producing property together with a buildable lot in such a desirable location are rare. Ideally located within walking distance to Bristol’s vibrant downtown, waterfront, restaurants, shops, parks, and bike path, this property offers tremendous upside through renovation and long term investment. Whether you’re looking to expand your rental portfolio, create an owner occupied investment, or build a new home on the adjacent lot, the possibilities are substantial.Interior photos coming soon! Don’t miss this exceptional investment opportunity. Sold As-Is

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Listing Details

MLS Number

1420025

Lot Size:

0.14 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Bus
  • Commuter Bus
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Natural Gas, Oil, Baseboard, Gas on Gas
  • Heating Fuel: Natural Gas, Oil, Baseboard, Gas on Gas
  • Extra Lot
  • Year Built: 1920

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Market Trends for Single Family Homes
in Bristol

  • Overview
    Homes for Sale Today43-94.1% decrease in inventory
    New on Market *21-30% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$466.61$19 increase in List Price/Sq.Ft.
    Avg. Sale Price *$755,118$347,235 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.42%3.5% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$437.62$61 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *613 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Harborside Realty
Email: harborsiderealtyri@gmail.com
Phone: 401-253-0009

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