Downtown Homes under $1.5 million

Downtown Homes under $1.5 million

Welcome to Downtown, Rhode Island – a vibrant and dynamic subdivision that perfectly blends urban sophistication with small-town charm. Nestled in the heart of this picturesque state, Downtown offers an eclectic mix of culture, history, and modern conveniences that make it an ideal place to call home.

One of the most enticing aspects of Downtown is the diverse range of homes available, particularly those under $1.5 million. Whether you’re searching for a chic loft with stunning city views, a cozy townhouse with character, or a contemporary single-family home, Downtown has something to suit every taste and lifestyle. These residences not only boast modern amenities but also reflect the rich architectural heritage of the area, making each home a unique masterpiece.

Living in Downtown means you are just steps away from a plethora of dining, shopping, and entertainment options. Enjoy a leisurely stroll through local boutiques, savor a meal at one of the many gourmet restaurants, or immerse yourself in the vibrant arts scene that features galleries and theaters. The community is also known for its lively events and festivals, fostering a sense of camaraderie among residents.

Additionally, with its proximity to parks and waterfront areas, Downtown provides plenty of opportunities for outdoor activities. Imagine unwinding after a long day with a scenic walk along the river or enjoying a picnic in one of the nearby green spaces.

Discover the charm of Downtown, Rhode Island, where your dream home awaits, and experience a lifestyle that truly encapsulates the best of urban living. Your perfect home is just around the corner!

Newest Downtown Homes under $1.5 million

79 Franklin Street, Bristol
$1,300,000
9 Beds ⋅ 4 Baths ⋅ 1424629 MLS
Exceptional Bristol 3 Family w/ Strong Rental History & Ideal Location! This beautifully maintained & updated 3 unit property offers an outstanding opportunity for investors, owner-occupants, or a multi-generational living arrangement. Ideally located on Franklin Street, just moments from downtown Bristol's restaurants, shops, waterfront, parks, & everything this vibrant community has to offer. Featuring 3 units, each with its own laundry and separate utilities, including separate water, making this an especially attractive investment opportunity. The first townhouse-style unit offers 5 bedrooms, 2 full baths, 2 living rooms, hardwood, LVP & tile, updated kitchen & baths, in-unit washer/dryer. The rear townhouse-style unit features 2 beds, 1 full bath & in-unit laundry. The third unit is a 2-bed, 1-bath first-floor unit w/hardwoods & washer/dryer. Numerous improvements have been made throughout over the years, including modern finishes, replacement windows, updated kitchens & baths & a roof approximately five years old. Each unit has been designed for comfortable living while retaining the character and functionality that make this property so desirable. With a strong rental history, separate utilities, excellent condition, and a downtown Bristol location for walkabilty, this property offers flexibility rarely found in the market. Live in one unit while generating rental income from the other two, or add a well-positioned three-family property to your investment portfolio.

79 Franklin Street, Bristol

46 E Street, Bristol
$789,900
4 Beds ⋅ 3 Baths ⋅ 1420025 MLS
A rare investment opportunity in the heart of beautiful Bristol. This three family property is being offered together with the adjacent buildable lot, creating an exceptional value add opportunity for investors, contractors, and developers alike. The existing multifamily features two one bedroom units on the first floor and a spacious second floor unit, all with separate electric and water meters. The first floor units are heated by gas on gas stoves, with one unit also featuring a mini split system for added comfort. The second floor unit has oil baseboard heat. An 8 year old roof provides a solid starting point, while the remainder of the property is ready for renovation, allowing the next owner to maximize its income potential. Adding to the appeal, the sale includes the 6,720 square foot adjacent parcel which the Town of Bristol has confirmed is buildable for a single family home. Opportunities like this, offering an income producing property together with a buildable lot in such a desirable location are rare. Ideally located within walking distance to Bristol's vibrant downtown, waterfront, restaurants, shops, parks, and bike path, this property offers tremendous upside through renovation and long term investment. Whether you're looking to expand your rental portfolio, create an owner occupied investment, or build a new home on the adjacent lot, the possibilities are substantial. Don't miss this exceptional investment opportunity. Sold As-Is

46 E Street, Bristol

159 Earle Street, Woonsocket
$645,000
9 Beds ⋅ 5 Baths ⋅ 1409823 MLS
Steeped in history and offering immense scale, this one-of-a-kind estate is a landmark property with a rich legacy. Built in 1850 as the rectory for St. Charles Borromeo Parish, this stately residence later served as a convent and as the Formation Center for the Brothers of the Sacred Heart before being sold to the multi-generational family that owned the house prior to its present sellers. With 20 rooms, 9 bedrooms, and over 7,000 sq. ft. of living space, the possibilities are endless. The interior features soaring ceilings, large windows that flood the home with natural light, and an oversized kitchen and dining room designed for high-capacity hosting. Whether you envision a massive single-family compound, a multi-generational living setup, or a potential multi-family conversion (with city approval), this property provides the canvas. Its history of service makes it an ideal candidate for nonprofits, community organizations, or institutional use (with city approval). The full basement offers abundant storage, while the exterior features a large yard with mature trees and ample off-street parking a rarity for the area. Close to the renowned Stadium Theatre and nationally recognized Chan's the Home of eggrolls, jazz & blues with easy access to local shops, parks, and major routes. Nearby, World War II Veterans Memorial Park offers a splash park, Nap Lajoie Field, basketball courts, playground, walking paths, performance stage, picnic areas and more....

159 Earle Street, Woonsocket

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