46 E St, Bristol, RI

House

For Sale

Listed price in listed location currency (USD).

$789,900

430

MLS® 1420025

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 2296 sqft

Garage

Taxes $9,450

Days Active 28

Lot Size 0.14 Acres

Approx. Age 1920

Avg. Price Per Sqft $344

MLS® Number 1420025

Property Address: 46 E St, Bristol, RI, 02809-3121

Average square foot calculated using Size range provided by listing agent.

Description

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

MLS® Number1420025

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1920

BasementExterior Entry, Full, Interior Entry, Unfinished

DrivewayNo Garage

Garage Spaces

HeatBaseboard, Gas, Oil

A/CDuctless, Partial

Extras

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $789,000 and $1,117,000.

Similar properties in this area sold on average for: $1,007,847

Expected to sell in 16 days. Similar properties sold in 44 days. This home has been on Zoocasa for 28 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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