NOT LISTED FOR SALE

40 Bourne St Bristol, RI 02809

Downtown Bristol Neighborhood
9 Beds
4 Baths
3,090 Sq Ft
3,200 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $822,000 $266 Per Sq Ft

5 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Attic
  • Walking Distance to Water

About This Home

As of March 2024

Four-unit investment opportunity in Downtown Bristol! This property has been lovingly cared for by the same family for 50 years and features two buildings on one lot with separate utilities for all units including separate water meters. The exterior vinyl siding on the main house and the roofs on both the main house and rear building/garage were completed in 2017. The first floor unit in the main house features 3 bedrooms and hardwood floors throughout with gas cooking, oil heating and indirect hot water. The second and third floor units feature 2 and 3 bedrooms respectively with hardwood floors, carpets in the bedrooms, gas cooking, gas hot water and electric heat. The fourth floor studio unit above the garage has its own entrance and features a spacious walk-up, one bedroom with new carpeting, gas cooking, gas hot water and electric heat. In addition to the garage there is also a storage shed on the property. Clean basement with separate water hook-ups for tenant laundry and on-site parking. Great location! Walking distance to cafes, restaurants, shopping, public parks, tennis and pickle ball, and Bristol's waterfront district. Estate Sale-property will be conveyed in as-is condition. Showings start Saturday, March 2nd by appointment, call today!

Last Agent to Sell the Property

Natasha Teixeira

William Raveis Inspire License #RES.0035886 Listed on: 02/28/2024

William Raveis Inspire

Last Buyer's Agent

Elise Pansey

C-21 Butterman & Kryston License #REB.0016001

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,263

Year Built

  • Built in 1920

Lot Details

  • 3,200 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Brick Foundation
  • Combination Foundation
  • Block Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,090 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Walking Distance to Water
  • Outbuilding
  • Breezeway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 106
  • Assessor Parcel Number 40BOURNESTBRIS

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,263

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0735
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 3090.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dishwasher, Gas Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Skylights, Tub Shower
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Breezeway, Paved Driveway
  • Foundation Details: Block, Brick/Mortar, Combination, Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3200.0
  • Parcel #: 40BOURNESTBRIS
  • Zoning: R-6
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6263.17
  • Tax Lot: 106
  • Tax Year: 2023

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2024 03/15/24 Sold $822,000 -3.3% $266 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $849,900 -- $275 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Natasha Teixeira

    Seller's Agent in 2024

    Natasha Teixeira

    William Raveis Inspire

    (401) 644-5689

    3 in this area

    25 Total Sales

    Natasha Teixeira
    Section Image
  • Elise Pansey

    Buyer's Agent in 2024

    Elise Pansey

    C-21 Butterman & Kryston

    (401) 451-9568

    11 in this area

    60 Total Sales

    Elise Pansey
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1353640

State-Wide MLS

APN: BRIS M:17 L:106

Rhode Island Bristol County Bristol 02809 Downtown Bristol

40 Bourne St, Bristol, RI

Not Listed for Sale

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