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!
Sold for $822,000
$822,000
40 Bourne St, Bristol, RI 02809
9beds
2,900sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$283/sqft
$4,336 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,336/mo
Zestimate® history
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$5,396/mo
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List your homeWhat's special
Separate utilitiesPickle ballNew carpetingPublic parksSpacious walk-upHardwood floors throughoutHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Natasha Horvatic 401-644-5689,
William Raveis Inspire
Bought with:
Elise Pansey, REB.0016001
C-21 Butterman & Kryston
Source: StateWide MLS RI,MLS#: 1353640
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Electric, Oil, Baseboard, Forced Water
Cooling
- Wall Unit(s)
Appliances
- Included: Gas Water Heater, Dishwasher, Oven/Range, Refrigerator
- Laundry: In Building
Features
- Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Skylight, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Carpet
- Doors: Storm Door(s)
- Windows: Skylight(s)
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,090
- Total interior livable area: 2,900 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 3
- Exterior features: Breezeway
- Fencing: Fenced
- Waterfront features: Walk To Water
Lot
- Size: 3,201 sqft
- Features: Sidewalks
Details
- Additional structures: Outbuilding
- Foundation area: 966
- Parcel number: BRISM17L106
- Zoning: R-6
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Paneled, Plaster, Vinyl Siding
- Foundation: Brick/Mortar, Block, Concrete Perimeter, Mixed
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Individual Meter, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Bristol
- Subdivision: Downtown
HOA & financial
Other financial information
- Total actual rent: 4250
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2024 | Sold | $822,000-3.3%$283/sqft |
Source:  StateWide MLS RI #1353640 Report a problem | ||
| 3/4/2024 | Pending sale | $849,900$293/sqft |
Source: StateWide MLS RI #1353640 Report a problem | ||
| 2/28/2024 | Listed for sale | $849,900$293/sqft |
Source: StateWide MLS RI #1353640 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,479 | $468,800 |
| 2024 | $6,479 +3.4% | $468,800 |
| 2023 | $6,263 +2.8% | $468,800 |
| 2022 | $6,094 +20.8% | $468,800 +33.6% |
| 2021 | $5,046 -24.8% | $350,900 |
| 2020 | $6,707 | $350,900 |
| 2019 | $6,707 +15.7% | $350,900 +6.7% |
| 2018 | $5,795 +41.8% | $328,900 +20.1% |
| 2017 | $4,087 -19.5% | $273,900 +11.6% |
| 2016 | $5,076 +47.4% | $245,500 |
| 2015 | $3,444 +0.1% | $245,500 -6.8% |
| 2014 | $3,440 +2% | $263,370 |
| 2013 | $3,371 +3% | $263,370 |
| 2012 | $3,274 | $263,370 |
| 2011 | $3,274 -8.1% | $263,370 -23.4% |
| 2010 | $3,564 | $343,690 |
| 2009 | $3,564 +0.6% | $343,690 +0.4% |
| 2008 | $3,544 +12% | $342,390 +14.1% |
| 2007 | $3,165 +2.5% | $299,980 -0.5% |
| 2005 | $3,089 | $301,380 |
Find assessor info on the county website
Neighborhood: 02809
Nearby schools
GreatSchools rating
- 7/10Colt Andrews SchoolGrades: K-5Distance: 0.2 mi
- 7/10Kickemuit Middle SchoolGrades: 6-8Distance: 3.9 mi
- 8/10Mt. Hope High SchoolGrades: 9-12Distance: 1 mi
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- Rhode Island
- Bristol County
- Bristol
- 02809
- 40 Bourne St
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