293 State Street Bristol

$565,000
4 2 1,344 sq ft

The Property

A rare opportunity to own a well-maintained two-family home in the heart of Bristol, ideal for owner-occupants, investors, or those looking for flexible living with built-in income.

This property features two separate units, with the second-floor apartment currently leased on an annual agreement, providing immediate, reliable income. The first-floor unit is vacant and move-in ready, having been recently painted, making it perfect for an owner to settle in right away or to place a new tenant with ease.

The home offers two separate heating systems, allowing for independent control and efficiency between units.

A new roof was installed in 2016, and solar panels installed just three years ago help offset utility costs. The solar system is under a five-year lease with a low monthly payments.

Enjoy the home’s inviting front porch, a classic Bristol feature that adds both charm and livability.

The property sits on a 0.072-acre lot and will also convey with three additional lots of equal size, offering valuable extra land – a rare bonus in this location.

Additional features include washer and dryer located in the basement and secure basement storage areas

Excellent walkability to downtown Bristol, the harbor, shops, restaurants, and the East Bay Bike Path

Whether you’re looking to live in one unit while generating income from the other, or renal of both units, 293 State Street delivers location, flexibility, and long-term value in one of Bristol’s most desirable neighborhoods.

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Listing Details

MLS Number

1403817

Lot Size:

0.29 acres

Features

  • Basement: Full, Bulkhead, Unfinished, Laundry, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Natural Gas, Baseboard, Gas on Gas
  • Heating Fuel: Natural Gas, Baseboard, Gas on Gas
  • Laundry
  • Paved Driveway
  • Sidewalks
  • Year Built: 1923

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Market Trends for Single Family Homes
in Bristol

  • Overview
    Homes for Sale Today25-96.1% decrease in inventory
    New on Market *1880% increase in new listings
    Avg. Asking Price/Sq.Ft. *$479.74$55 increase in List Price/Sq.Ft.
    Avg. Sale Price *$914,750$208,890 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.33%-2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$428.95$61 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7924 increase 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 Century 21 Topsail Realty

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