3 Jul

INVESTMENT PROPERTY ON BLOCK ISLAND SELLS FOR $1.02M

INVESTMENT PROPERTY ON BLOCK ISLAND SELLS FOR $1.02M

Lila Delman Real Estate continues its history of excellence with the sale of 217 Ocean Avenue on Block Island for $1,020,000. Rosemary Tobin, Manager of Lila Delman’s Block Island Office, represented the seller and facilitated for the buyer.

"This is a great investment with options to divide the property into separate spaces, renting individually, as commercial space or change the use and create your single family dream home,” commented Rosemary.

Centrally located between Block Island’s two harbors, a five minute walk to Old Harbor and a ten minute walk to New Harbor, this property is zoned for either multi-family, single-family or commercial use. Measuring 3,000 square feet across two levels there are two studio apartments on the first level and two apartments with full kitchens on the second level.