78 State Street Bristol

$1,295,000
4 4.5 2,899 sq ft

The Property

A rare opportunity to own a versatile, income-producing property with mixed-use potential in one of Bristol’s most desirable locations! Currently operating as a successful Airbnb, this charming 2-family property offers endless possibilities in the heart of downtown. This property allows for a two-dwelling configuration with a bonus space, making it ideal for investors, owner-occupants, or those seeking a live/work option. The 1st floor unit is currently configured with a studio style space featuring soaring ceilings, an open living/dining/sleeping area, along with a large closet + full bathroom. The rear portion of the unit includes a spacious bedroom, an additional full bathroom, laundry hookups + kitchen, offering excellent flexibility for residential or guest accommodations.

The townhouse-style second unit is beautifully updated and well suited as an owner’s residence. The modern chef’s kitchen showcases marble countertops, a large island, built in window seating and plenty of cabinetry. This unit has three bedrooms + 2.5 bathrooms, including a primary with ensuite bath & spacious closets. Ductless mini-split systems throughout each unit provide efficient comfort. Enjoy views of downtown and the waterfront, along with a front-row seat to Bristol’s iconic Fourth of July parade from the expansive front porch. Rear patio with new stonework creates an inviting space for outdoor entertaining. Additional highlights include tandem off-street parking for 2 vehicles + gas heat.

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Listing Details

MLS Number

1402372

Lot Size:

0.00 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Storage Space, Utility
  • Commuter Bus
  • Highway Access
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Patio
  • Porch
  • Heating: Natural Gas, Baseboard, Forced Water
  • Heating Fuel: Natural Gas, Baseboard, Forced Water
  • Laundry
  • Local Historic District
  • Paved Driveway
  • Sidewalks
  • Year Built: 1840
  • Water Amenities: Saltwater View, Walk to Salt Water

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Market Trends for Single Family Homes
in Bristol

  • Overview
    Homes for Sale Today28-95.6% decrease in inventory
    New on Market *1614.3% increase in new listings
    Avg. Asking Price/Sq.Ft. *$396.90$7 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$683,718$7,853 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.37%-1.1% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$424.43$33 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *505 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?

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

Listed by Serhant Rhode Island

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