15 Thompson Street

Off Market

15 Thompson Street

Bristol County RI 02885

4220 sq. ft.

3049 sq. ft.

Multi-Family

Last sold for $740,000

The DiSpirito Team, last sold this property on 30 June 2025 after 84 days on market.

Overview

Fantastic turnkey investment property in the heart of historic Warren, RI in an Opportunity Zone! This meticulously maintained 5-unit apartment building features five fully-applianced, 1-bedroom units with individual electric meters and tenant-paid heat keeping owner expenses low. Ideally located just steps from downtown Warren, tenants enjoy boutique shops, award-winning restaurants, waterfront parks, and the popular East Bay Bike Path. Connected to city water/sewer and featuring durable vinyl siding, the property offers ample off-street and on-street parking on a quiet dead-end street. Rents are currently below market, providing significant upside potential for increased cash flow. A savvy owner can maximize income with three additional finished bonus rooms upstairs perfect as rentable office spaces, storage units, or even a shared workspace for additional revenue. Consider leveraging a DSCR loan to qualify based on the property's income rather than personal finances. An exceptional asset for investors or owner-occupants don't miss out!

Features

5 bedrooms

5 bathrooms

4 carspaces

4220 sq. ft. floor area

3049 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Bristol County over the last 12 months, the estimated median property value of 15 Thompson Street is $721.44k.

Median value

$721.44k

Estimated value range

$700k - $760k

Median days on market

Estimated value trend

25%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Bristol County. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15 Thompson Street

2025

Sold

$740,000

30 Jun 2025 by The DiSpirito Team, of Engel & Volkers

2022

Sold

Undisclosed

09 May 2022

Happy sellers in Bristol County

We have insufficient information to provide an overview of customer satisfaction for Bristol County. Viewing the agent profiles, reviews and sales for Bristol County can provide insights for this location.

Local market activity for 5 bedroom multi families in Bristol County

In the last 12 months, 3 five-bedroom multi families similar to 15 Thompson Street, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Bristol County for a market analysis.

Lisa Foster Pacheco

at REMAX River's Edge | Bristol

(19 reviews)

Get a market analysis

Lisa Avedisian GRI

at Real Estate One

(6 reviews)

Get a market analysis

Tiffany Page

at RE/MAX Real Estate Center

(1 review)

Get a market analysis

Julie Vargas

at Century 21 Topsail Realty

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Bristol County

Lisa Foster Pacheco

Lisa Foster Pacheco is an award winning recommended agent for Bristol County. They have 2 local sales and collected 1 local review across the last 12 months.