$2,295,000

Pending

Est. Mortgage $10,569/mo *

Quick Pre-Approval

557 Center Road, Block Island, RI, 02807

557 Center Road, Block Island, RI, 02807

10 rooms

5 beds

2 Full / 1 Half baths

1910

Versatile Two-Family Home in a Prime Block Island Location. This classic two-family home offers a rare opportunity for both flexible living and solid rental income. The main house spans three levels and features two distinct living spaces, each with private entry, charming interiors, and comfortable layouts. The main and second floors include full kitchens, open living/dining areas, and well-proportioned bedrooms with ample natural light. The second-floor apartment includes a small private deck, offering a quiet outdoor spot for morning coffee or evening air. The third level, with its own entrance, provides additional living space ideal for a home office, guest suite, or overflow accommodations. Outdoors, the property features a peaceful yard shaded by mature trees and inviting sitting areas. A second detached building offers potential for expansion, studio use, or workshop space with the appropriate approvals. Whether you're seeking a full-time residence, a summer getaway, or an investment with rental appeal, this centrally located property meets a range of goals. Just a short distance from the shops, restaurants, and ferry in Old Harbor, and minutes from some of Block Island's beloved beaches, this home makes enjoying everything the Island has to offer effortless. With its adaptable layout, income potential, and prime location, it presents a rare opportunity to own a piece of Block Island that balances convenience, comfort, and possibility.


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Common Area

Units:

2

Zoning:

RA

Subdivision:

Center Road- Beacon Hill

Garage:

No Garage

Heating:

Hot Water, Oil

Cooling:

Window Unit(s)

Basement:

Full, Unfinished, Walk-Out Access

Acreage:

0.28

Est. Taxes:

$5,326

Assessment

$964,900

Construction

Drywall,Shingle Siding

Lot Description:

Corner Lot

Amenities:

Marina, Recreation Area, Restaurant

Days on Market:

205

Appliances:

Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer

MLS #:

1387557


Community Info

School Info

Walk Score

Mass Transit

Yelp

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