5 months on rocket

33 Ocean Ave Unit 6, Block Island, RI, 02807

$675,000

Home List Price

$8,016*

Closing Credit

2 Bedrooms
1 Full Bath
528 SqFt
$1,278/SqFt
Condo
Schools Nearby

Location

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33 Ocean Ave Unit 6, Block Island$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, No Garage
Year Built1956
HeatingForced Air, Propane
CoolingWall Unit(s)
WaterfrontWaterfront
FireplaceNone
ViewWater
MLS #1347836
StatusActive

About 33 Ocean Ave Unit 6

This two-bedroom, one-bath condominium, situated atop Block Island's Albion Building, offers an unparalleled location in the heart of town, providing VIP access to the island's vibrant entertainment, dining, and shopping scene. With proximity to the ferry, popular restaurants, and the beach, it combines luxury with convenience. Boasting a back penthouse unit encompassing 528 square feet, this property offers both a hassle-free personal retreat and a lucrative investment opportunity. Nightly rentals are in high demand, making it ideal for year-round use and income generation. Whether you seek a weekend getaway or aspire to start an investment portfolio on Block Island, this condominium offers the flexibility to enjoy the Island on your terms and profit from it when you're not there.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Stories: 3
  • Living Area: 528 SqFt

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 466-8777

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Tub Shower, Furnished
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Deck

Parking Information:

  • Parking: Assigned, No Garage

Utilities

Utilities Information:

  • Heating: Forced Air, Propane
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Block Island School, Public District Grades KG-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $1,278/SqFt

HOA Fees:

  • Amount: $333
  • Frequency: Monthly
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MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1347836

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 466-8777

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 9:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,769

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-1146460
7
/10

  • Block Island School

  • High St

  • 0.66 miles

  • Public District Grades KG-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,464. Residents of Washington County, RI typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 33 Ocean Ave Unit 6

What is the listing price of this property?

The listing price of 33 Ocean Ave Unit 6 property is $675,000.

What type of property is this?

The property 33 Ocean Ave Unit 6 is a condo located in Block Island, Rhode Island, 02807.

Is this property for sale now?

Active Listing: 33 Ocean Ave Unit 6 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 33 Ocean Ave Unit 6 are:
Block Island School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 33 Ocean Ave Unit 6 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 33 Ocean Ave Unit 6 is 528 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 33 Ocean Ave Unit 6 is 1956.

Rocket Homes›Rhode Island›Washington County›Block Island›02807›33 Ocean Ave Unit 6

This home is located at 33 Ocean Ave Unit 6 in Block Island, RI and zip code 02807. This 528 square foot home was built in 1956. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $675,000.

Over 32 listings were sold over their listed price in March 2024 in Washington County, RI. In the same period over 48 listings were sold below the listed price and 23 listings were sold for the listed price. Between February 2024 and March 2024, Washington County, RI real estate market has seen increase in the number of listings by 7.8%. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $551,910.

From Rocket Homes Real Estate and based on county public records data.

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