Rarely available 4-unit in the heart of Bristol, fully rented with strong market rents and a solid 7% cap rate. All four units feature brand-new updated bathrooms and tasteful interior upgrades, with two of the kitchens recently remodeled as well. The property boasts all updated electrical, full insulation completed in 2024, two new wall mounted combi boilers, and a roof less than four years old, ensuring low-maintenance ownership. Additional features include a garage for owner storage, basement with individual storage for each unit, coin-op washer and dryer for added income, and a two-car driveway. All utilities, including water, are fully separated, and the fire system is professionally tested every six months. A truly turnkey investment with reliable tenants, modern improvements, and excellent long-term potential. Walk-up attic provides potential for unit expansion and additional square footage. * The "owner's unit, " (Unit 2R) underwent a stud-back remodel in 2022, has central A/C, and conveys fully furnished. * Highest and best offers due by 4pm on Sunday, 9/7 *
Opportunity is knocking in Bristol for this 4 unit building with a garage! Kitchens and bathrooms have been updated in 3 of the 4 units. Utilities are separate including 4 water meters. There is a 100amp electrical service for each unit as well as baseboard heat with individual gas heating systems. The building is virtually maintenance free with vinyl siding, replacement windows and a newer roof (less than 1 year old). The location is convenient to Downtown Bristol as well as Roger Williams University. Two of the units will be delivered empty so a new owner can select their own tenant and obtain market rents. Inventory is very low in Bristol so don't miss out!
Year
Property tax
Land + Additions
Assessment*
2025
$6,414 (+17.6%)
$133,300 + $471,200
$604,500
2024
$5,455 (+3.5%)
$111,100 + $283,600
$394,700
2023
$5,273 (+2.8%)
$111,100 + $283,600
$394,700
2022
$5,131 (+15.5%)
$111,100 + $283,600
$394,700
2021
$4,443 (+2.2%)
$99,100 + $209,900
$309,000
2020
$4,348 (+2.6%)
$99,100 + $209,900
$309,000
2019
$4,239 (−13.2%)
$99,100 + $209,900
$309,000
2018
$4,882 (+15.0%)
$99,100 + $218,300
$317,400
2017
$4,245 (+1.0%)
$92,800 + $191,700
$284,500
2016
$4,202 (+5.3%)
$92,800 + $191,700
$284,500
2015
$3,992 (+9.6%)
$92,800 + $191,700
$284,500
2014
$3,643
$98,500 + $180,420
$278,920
Tax history for 18 Roma St
Year
Property tax
Land + Additions
Assessment*
2025
$6,414 (+17.6%)
$133,300 + $471,200
$604,500
2024
$5,455 (+3.5%)
$111,100 + $283,600
$394,700
2023
$5,273 (+2.8%)
$111,100 + $283,600
$394,700
2022
$5,131 (+15.5%)
$111,100 + $283,600
$394,700
2021
$4,443 (+2.2%)
$99,100 + $209,900
$309,000
2020
$4,348 (+2.6%)
$99,100 + $209,900
$309,000
2019
$4,239 (−13.2%)
$99,100 + $209,900
$309,000
2018
$4,882 (+15.0%)
$99,100 + $218,300
$317,400
2017
$4,245 (+1.0%)
$92,800 + $191,700
$284,500
2016
$4,202 (+5.3%)
$92,800 + $191,700
$284,500
2015
$3,992 (+9.6%)
$92,800 + $191,700
$284,500
2014
$3,643
$98,500 + $180,420
$278,920
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.