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$905,500
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Property Description
Meticulously maintained inside & out, this turnkey 4-Unit property nicely located on a large corner lot with detached 6-car garage is ideal for a savvy investor or owner occupied. With strong rental demand in the area & the potential for excellent cash flow, this property is a smart investment. Terrific rental history, the property comprises of 4 updated & spacious apartments, extended driveway with fenced yard & plenty off-street parking. All units have access to the basement with coin-op laundry. Separate gas heating systems, electric meters & gas hot water tanks are paid by tenants. Property boasts hardwood flooring, replacement windows. newer roofs on building & garages & is Fire Coded. Desirable location, close to historic downtown, East Bay Bike Path along with waterfront attractions & area restaurants. Here's your chance to own a charming property in Bristol, RI a beautiful seaside town & host of the oldest 4th of July parade in the nation, call today! Offers due Monday, April 14, by 5 PM.
Full Property Details
Full Property Details for 308 State St
General
- Sold For: $905,500
- Taxes: $9,344 (2024)
- Status: Closed
- Type: Apartment
- Source: STWMLS
- MLS ID: 1381100
- Added to Site: 284 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Attic, Permanent Attic Stairs, Tub Shower
- Fireplace(s): None
- Appliances: Dryer, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
- Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Paved Driveway
Parking
- Garage: Yes
- Garage Spaces: 6
- Covered Spaces: 6
- Total Spaces: 8
- Parking Features: Detached, Garage
Location
- County: Bristol
- Subdivision: Downtown, Bristol Common
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Gas, Hot Water, Individual, Steam, Zoned
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public, Water Tap Fee
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Shingle Siding, Vinyl Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Windows: Thermal Windows
- Doors: Storm Door(s)
- Stories/Levels: 2
- Building Size: 3066
- Finished Total: 3,066 Sq. Ft.
- Finished Above Grnd: 3,066 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.2982
- Lot Size (Sq. Ft.): 12,988
- Lot Size: 12988
- Sidewalks: Yes
- Lot Features: Corner Lot
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $9,344
- Tax Year: 2024
- Tenant Pays: Hot Water
Disclosures and Reports
- Inclusions: Offers due Monday, April 14, by 5 PM ... Owner pays water & sewer (4 sewer use fees $2, 456 total yearly fee included in the property taxes) **Other monthly rents ($100 for 1 garage rental & $50-$100 coin-op laundry) **Total monthly rental income $6, 500-$6, 550 **Note, property taxes based on 2024 assessment $498, 400
- Property ID: 308STATESTBRIS
- Lot Number: 1
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Schools
Schools serving 308 State St
School District:Bristol-Warren Regional School District
| Name | Grades | Distance |
|---|---|---|
Colt Andrews School 570-574 Hope Street, Bristol, RI 02809 | K-5 | 0.7 mi |
Kickemuit Middle School 525 Child Street, Warren, RI 02885 | 6-8 | 3.9 mi |
Mt. Hope High School 199 Chestnut Street, Bristol, RI 02809 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 308 State St
Date
Details
Price
Change
Source
5/16/2025
Sold
$905,500
0.72%
MLS
4/09/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
308 State Street, Bristol, RI 02809 (MLS# 1381100) is a Apartment property that was sold at $905,500 on May 16, 2025. This property was listed by Donna Holmes from our Providence - Barrington Regional Office Office.Want to learn more about 308 State Street? Do you have questions about finding other Apartment real estate for sale in Bristol? You can browse all Bristol real estate or contact a Coldwell Banker agent to request more information.



