$675,000
About this home
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.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
- Real estate (PITI + HOA + PMI)
- $6,045
- Utilities
- $451
- Transportation
- $132
- Other (entertainment)
- $127
Quick facts
At a glance
Home features
Lot features
Local Historic District
Neighborhood — 02807
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 1,117 | 1,095,423 | 299,088,112 |
| Population Change Since1990 | 34.00% | 9.00% | 20.00% |
| Population Density | 113 | 994 | — |
| Male | 545 | 529,266 | 147,432,321 |
| Female | 572 | 566,157 | 151,655,844 |
| Never Married | 236 | 266,404 | 63,775,926 |
| Married | 493 | 435,678 | 123,120,365 |
| Separated | 46 | 43,642 | 12,639,686 |
| Widowed | 56 | 66,668 | 15,467,586 |
| Divorced | 139 | 83,843 | 23,075,029 |
| Number Of House Hold | 482 | 410,399 | 111,826,380 |
| Average House Hold Size | 2.31 | 2.56 | 2.60 |
| Medial Age | 44.08 | 37.27 | 35.46 |
| Median House Hold Income | $49,999 | $47,553 | $48,276 |
| Average House Hold Income | $66,546 | $61,609 | $63,629 |
| P C I | $29,039 | $23,965 | $24,529 |
| M D I | $42,678 | $40,634 | $41,133 |
| A T H E | $53,221 | $49,940 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 84.58% | 78.02% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 11/15/2023. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.