$850,000

About this home

Rare investment or owner-occupant opportunity in the heart of Bristol's vibrant, walkable downtown district! Located at 400 & 406 Thames Street, this unique property features two separate multi-family houses situated on a single lot, with each building containing two rental units. Whether you are looking for a lucrative addition to your real estate portfolio or an owner occupied property, this versatile compound delivers unmatched potential. Step out your front door and look directly across the street at the waterfront views and Independence Park. Walk or ride down the street to instantly hop onto the scenic East Bay Bike Path. Tenants and owners alike will love the exceptional day-to-day convenience, being just steps away from Bristol’s historic downtown boutique shopping, seaside cafes, and top-tier coastal restaurants.With steady rental demand driven by the downtown location and proximity to Roger Williams University, this multi-unit property is a cash-flowing powerhouse. Don't miss out on securing a significant piece of Bristol real estate right where everyone wants to live, work, and play!

Property facts

Property type

Multi Family

Year built

1890

Lot size (acres)

0.121

Total rooms

16

Garage spaces

0

Total parking

0

Annual taxes

$9,078.98

Tax year

2026

County

Bristol

Features

Heating

Natural Gas, Baseboard, Forced Water

Cooling

None

Basement

Full, Walkout, Partially Finished

Interior

Wall (Paneled), Plumbing (Mixed), Insulation (Unknown)

Fireplace

None

Parking

No Garage

Construction

Paneled, Wood

Utilities

Sewer Connected, Water Connected

Water

Individual Meter

Waterfront

Freshwater View

Community

Shopping

Lot

Sidewalks

Location