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5 Murphy Avenue Bristol

$745,000
8 4.1 3,977 sq ft

The Property

Exceptional investment opportunity with this remarkable three-family residence, in downtown Bristol. This property is a mere stroll from the vibrant offerings of downtown and the serene beauty of the waterfront.The over sized addition was added in 2009 which comprises of the main unit. It is an expansive living space with four well-appointed bedrooms and two full bathrooms. Atttached to this unit is two additional units each featuring two bedrooms and one bathroom each.

The interiors on all have been updated and come fully applianced. Two full basements provide ample storage solutions for all tenants. Exterior maintenance is simplified with durable vinyl siding and replacement windows, enhancing both the curb appeal and energy efficiency of the residence. Outside, the charm continues with a delightful backyard adorned with grapevines, creating a tranquil urban oasis. A one-car garage adds convenience, while ample off street parking ensures accessibility for residents and guests alike.

This property is also situated on a quiet dead-end street. Notably, this property has the inclusion of one deed-restricted affordable unit which presents a valuable opportunity to contribute positively to the community’s housing needs.

This unique offering is an ideal blend of historic charm, modern comforts, and desirable location. Don’t miss your chance to own a piece of Bristol’s heritage and enjoy the benefits of a thoughtfully maintained, income-generating property.

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Listing Details

MLS Number

1353155

Lot Size:

0.17 acres

Features

  • Basement: Full
  • Vinyl Siding
  • Heating: Baseboard
  • Heating Fuel: Gas
  • Garage: Detached
  • Laundry
  • Corner
  • Paved Driveway
  • Sidewalks
  • Type: Apartment,Up/Down
  • Year Built: 1850
  • Water Amenities: Walk To Water

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Market Trends for Multi Family Homes
in Bristol

  • Overview
    Homes for Sale Today4-94.5% decrease in inventory
    New on Market *3-50% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$285.58$10 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$700,000$42,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.05%-4.5% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$212.82$79 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *1919 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

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