78 State St Bristol, RI 02809
Downtown Bristol NeighborhoodEstimated payment $7,326/month
Highlights
- Marina
- Wood Flooring
- Community Pool
- Water Views
- Furnished
- 4-minute walk to Rockwell Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,919
Year Built
- Built in 1840
Home Design
- Stone Foundation
- Aluminum Siding
Interior Spaces
- 2,899 Sq Ft Home
- 3-Story Property
- Furnished
- Skylights
- Storage Room
- Utility Room
- Water Views
- Storm Doors
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
- Patio
- Porch
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 78STATESTBRIS
Community Details
Overview
- 2 Units
- Downtown Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,286 | $527,200 | $187,000 | $340,200 |
| 2024 | $7,286 | $527,200 | $187,000 | $340,200 |
| 2023 | $7,043 | $527,200 | $187,000 | $340,200 |
| 2022 | $6,854 | $527,200 | $187,000 | $340,200 |
| 2021 | $5,762 | $400,700 | $179,700 | $221,000 |
| 2020 | $5,638 | $400,700 | $179,700 | $221,000 |
| 2019 | $5,498 | $400,700 | $179,700 | $221,000 |
| 2018 | $4,662 | $303,100 | $116,000 | $187,100 |
| 2017 | $4,522 | $303,100 | $116,000 | $187,100 |
| 2016 | $4,477 | $303,100 | $116,000 | $187,100 |
| 2015 | $4,252 | $303,100 | $116,000 | $187,100 |
| 2014 | $4,152 | $317,900 | $157,200 | $160,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/04/2026 02/04/26 | Price Changed | $1,279,000 | -1.2% | $441 / Sq Ft | |
| 01/05/2026 01/05/26 | For Sale | $1,295,000 | +72.7% | $447 / Sq Ft | |
| 05/31/2022 05/31/22 | Pending | -- | -- | -- | |
| 05/31/2022 05/31/22 | For Sale | $750,000 | 0.0% | $274 / Sq Ft | |
| 05/20/2022 05/20/22 | Sold | $750,000 | +36.9% | $274 / Sq Ft | View Prior Sale |
| 04/23/2020 04/23/20 | Sold | $548,000 | -5.5% | $187 / Sq Ft | View Prior Sale |
| 03/24/2020 03/24/20 | Pending | -- | -- | -- | |
| 01/29/2020 01/29/20 | For Sale | $579,900 | -- | $198 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | None Available | |
| Warranty Deed | $548,000 | None Available | |
| Deed | $325,000 | -- | |
| Deed | $217,500 | -- | |
| Warranty Deed | $155,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $777,000 | VA | |
| Previous Owner | $545,000 | VA | |
| Previous Owner | $157,500 | Commercial | |
| Previous Owner | $105,000 | Commercial |
Source: State-Wide MLS
MLS Number: 1402372
APN: BRIS-000014-000000-000020
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Ask me questions while you tour the home.