$1,300,000
St. Thomas, 00802
MLS# 26-985
12 beds | 12 baths | 2561 sqft
1 / 67
Property Description
Turnkey Investment Opportunity | 12-Unit Apartment Building | 100% Occupied | 8% Cap Rate Located four blocks from the Waterfront in historic Charlotte Amalie and walking distance to Main Street and its many shops and restaurants. Major Tax Advantages for Investors - This property sits in both a Federal Opportunity Zone (with potential for capital gains tax deferrals) and a USVI Enterprise Zone, offering qualifying investors up to a 90% reduction in income tax and a 100% property tax exemption. Foreign investors may also benefit from no income or property tax obligations. Please confirm all tax benefits with your tax advisor.
Details
Location/Area
Plot/Unit Number: 16B
Island: St. Thomas
Quarter: Queens
General Property Description
Realtor.COM Type: Multi-Family
Number of Bedrooms - Main House: 14
Number of Bedrooms - Accessory building: 0
Taxes: 4215.5
Furnished: No
Tax Year: 2025
Lot Acres: 0.06
Water Front: No
Pool: No
Zoning: B-3
Stamp Tax: Negotiable
Approx Interior SqFt-Accessory Unit Total: 0
Approx Exterior SqFt-Accessory Unit Total: 0
Approx Total Main House: 2561
Approx Total Property SqFt: 2561
Total Bedrooms: 12
Total Bathrooms: 12
Sub Type: 5+ Multi Units
Miscellaneous
PWD#: 000000
Construction
Masonry: 1
Main House
Approx Interior SqFt - Main House: 2561
Approx Exterior SqFt - Main House: 0
LocationArea
Estate: Commandant Gade QU
Postal Code: 00802
Geo Lat: 18.343812
Geo Lon: -64.931178
Directions: Next to Family Dental Services in town.
Contract Information
List Price: $1,300,000
Current Price: $1,300,000
Begin Date: 2026-05-19
Status Change Info
Status: Active
Property Features
Construction: Masonry
Listing Office: Real Solutions Real Estate
Information deemed reliable but not guaranteed.