460 Chapel Street #3, Block Island, RI 02807 - Photo 1

1/1

$715,000

Sold
Closed
Condo
1 Bed
1 Full Bath
775 Sq. Ft.
0.26 Acres

1/1

Property Description

Discover the perfect blend of convenience and investment potential with this top-floor one-bedroom, one-bathroom condo in Chapel Cottage, located in the heart of Block Island's Old Harbor. Offering 775 square feet of open living space, this condo features a spacious living room, kitchen, and dining area that seamlessly extends to a significant deck, ideal for indoor-outdoor living. The unique crisscross stairway leads to a cozy upstairs bedroom and full bath. Situated just steps away from the ferry, popular restaurants, and the beach, this condo is perfect for enjoying the vibrant Island life. Designed for hassle-free ownership, this property ensures that you can relax and enjoy your time. With Block Island's high demand for nightly rentals, this property presents an excellent opportunity to generate consistent income when you're not using it. Use it as your personal getaway and capitalize on its prime location to maximize rental potential, making this charming condo a smart addition to your investment portfolio. Old Harbor Commercial Zone- zoned for residential/commercial.

Full Property Details

Full Property Details for 460 Chapel St #3

General

Sold For: $715,000
HOA FEE: $233/month
Taxes: $2,377 (2023)
Status: Closed
Type: Condo
Source: STWMLS
MLS ID: 1361690
Added to Site: 617 day(s) ago

Business

Business Type: Other

Interior

Number of Rooms: 3
Interior Features: Tub Shower
Fireplace(s): None
Appliances: Common Water Heater, Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
Flooring: Hardwood

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Other Rooms

Laundry: In Unit

Parking

Parking Features: No Garage, Unassigned

Location

County: Washington
Subdivision: Town
Building Name: Chapel Cottage Condos

Community

Assoc. Fees Include: Parking, Sewer, Water
Units Assoc/Comm: 4
Pets Allowed: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)
Heating Type: Hot Water, Oil

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Detached/Attached: Detached
Construction: Drywall, Shingle Siding
Basement: Yes
Basement Desc.: Partial, Unfinished
Entry Floor Number: 2
Stories/Levels: 2
Building Size: 775
Square Feet: 775
Living Area: 775 Sq. Ft.
Finished Total: 775 Sq. Ft.
Finished Above Grnd: 775 Sq. Ft.
Year Built: 1968

Lot Features

Lot Size (Acres): 0.26
Lot Size (Sq. Ft.): 11,325.6
Lot Size: 11325.6

Financial Considerations

Association Fee: $233
Assoc Fee Freq.: Monthly
Tax Amount: $2,377
Tax Year: 2023

Disclosures and Reports

Inclusions: Association Fee also includes Insurance.
Property ID: 460CHAPELST3NSHM
Lot Number: 112-3

Listed by Lila Delman Compass
Sold by Lila Delman Compass

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— 460 Chapel St #3 —

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Schools

Schools serving 460 Chapel St #3

School District:New Shoreham School District

Name	Grades	Distance
Block Island School Block Island School, New Shoreham, RI 02807	K-12	0.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 460 Chapel St #3

Date

Details

Price

Change

Source

12/11/2024

Sold

$715,000

-4.67%

MLS

9/05/2024

Price Reduced

$750,000

-5.66%

MLS

6/14/2024

Listed

$795,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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460 Chapel Street #3, Block Island, RI 02807 (MLS# 1361690) is a Condo property that was sold at $715,000 on December 11, 2024. Want to learn more about 460 Chapel Street #3? Do you have questions about finding other Condo real estate for sale in Block Island? You can browse all Block Island real estate or contact a Coldwell Banker agent to request more information.

460 Chapel St #3 Block Island, RI 02807