Block Island multifamily sells for $1.02M

THE BLOCK ISLAND PROPERTY at 217 Ocean Ave. has sold for $1.02 million. / COURTESY LILA DELMAN REAL ESTATE INTERNATIONAL
THE BLOCK ISLAND PROPERTY at 217 Ocean Ave. has sold for $1.02 million. / COURTESY LILA DELMAN REAL ESTATE INTERNATIONAL

NEW SHOREHAM – A multifamily investment property on Block Island sold recently for $1,020,000, according to Lila Delman Real Estate International.

The property at 217 Ocean Ave. is between the island’s two harbors and zoned for multi-family, single-family or commercial use. It covers 3,000 square-feet and now has two studio apartments on the first floor and two apartments with kitchens on the second floor.

Mary MacDonald is a PBN staff writer. Email her at MacDonald@PBN.com

- Advertisement -