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Located at 557 Center Road, Block Island, Rhode Island 02807, this Multi-Family Home is for Sale with a price of $2,295,000 USD. The property was built in 1910, includes 4 bedrooms, has 2 full baths. This listing has 3,766 Sq.Ft. of interior space on a lot of .28 Acres. See all Homes for Sale in Block Island.
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46. 557 Center Road
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Rhode IslandBlock Island557 Center Road

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Description

557 Center Road,

Block Island, RI 02807

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 spaceideal 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 Islands 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.

This is an Active listing.

Broker Office Phone Number: 401-466-8777

Copyright © 2025State Wide MLS of Rhode Island, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Refrigerator
  • Dryer Included
  • Washer / Dryer
  • Dishwasher
Listing By: Lila Delman Compass via Data Source: State Wide MLS of Rhode Island, Inc. 
4
Bedrooms
2
Full Baths
$2,295,000
price
$609
Price Per Sqft
$5,326
Annual taxes
Multi-Family Home
Property type
1910
Year Built
New Shoreham
School District
New Shoreham
School District
new-shoreham-block-island-ri
Schools
15747085
Web Id
1387557
MLS ID
31
Days Posted

Price History

datepricevariancetype
6/26/2025$2,295,000-Listed
listing agent: Rosemary TOBIN
more info
3,766 Sq Ft.
interior
0.28 Acres
Exterior
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    new listing

    557 Center Road
    Block Island, RI 02807

    $2,295,000
    4 bd2 ba