Homes for sale - 557 Center RD, Block Island, RI 02807

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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$2,295,000

Est. payment - /mo

5 Beds

3 Baths

3,766 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,766 sqft

Price per Sqft $609

Subdivision Center Road- Beacon Hill

MLS Listing ID 1387557

Bedrooms 5

Full Baths 2

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 3,766

Year Built 1910

Annual Tax Amount $5,326

Tax Year 2024

Contingent Inspection Period

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Multi Family

Property Description

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.

Location

State RI

County Washington

Community Center Road- Beacon Hill

Zoning RA

Rooms

Basement Full, Unfinished, Walk-Out Access

Interior

Interior Features Interior Steps, Tub Shower, Cable TV

Heating Hot Water, Oil

Cooling Window Unit(s)

Flooring Wood

Fireplaces Type None

Inclusions Fully Renovated in 1985 The units cannot be owned individually; both are held by the same owner and are not subject to separate fees. Rental income and expense details are available upon request. New Oil Tank - 2024 New Pressure Tank - 2023 Reworked Burnham Furnace - 2020 New Roofs Installed - 2022-2024

Fireplace No

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

Laundry Common Area

Exterior

Community Features Marina, Recreation Area, Restaurant

Waterfront Description Walk to Water

Garage No

Building

Lot Description Corner Lot

Foundation Combination, Stone

Sewer Septic Tank

Water Private

Structure Type Drywall,Shingle Siding

New Construction No

Others

Senior Community No

Tax ID 557CENTERRDNSHM

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Listed by Lila Delman Compass

Nearby School & Business

SCHOOLS PROPERTIES

Elementary Schools 1

8

Block Island School

Public | KG - 12

School and business data provided by Attom Data.

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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557 Center RD Block Island, RI 02807

Sheena Ruggirello

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

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