557 Center Rd New Shoreham, RI 02807
Estimated payment $13,009/month
Highlights
- Marina
- Corner Lot
- Workshop
- Wood Flooring
- Recreation Facilities
- Walking Distance to Water
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,326
Year Built
- Built in 1910
Lot Details
- 0.28 Acre Lot
- Corner Lot
Parking
- No Garage
Home Design
- Combination Foundation
- Stone Foundation
- Shingle Siding
Interior Spaces
- 3,766 Sq Ft Home
- 3-Story Property
- Workshop
- Storage Room
- Utility Room
- Wood Flooring
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Walking Distance to Water
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Heating System Uses Steam
- 200+ Amp Service
- Private Water Source
- Oil Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 91
- Assessor Parcel Number 557CENTERRDNSHM
Community Details
Overview
- 2 Buildings
- 2 Units
- Center Road Beacon Hill Subdivision
Amenities
- Restaurant
Recreation
- Marina
- Recreation Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/26/2025 06/26/25 | For Sale | $2,295,000 | -- | $609 / Sq Ft |
Source: State-Wide MLS
MLS Number: 1387557

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