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2-B King Street FR, St. Croix, (MLS# 20-578)

$1,699,000
2-B King Street FR
St. Croix,
MLS# 20-578
Status: Closed
7 beds  |  3 baths  |  7346 sqft
2-B King Street FR, St. Croix,
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Property Description
Commercial building in the heart of downtown Frederiksted features over 3700 SF of office/retail space on the first floor and 3 gorgeously renovated, fully furnished and air conditioned apartments on the second level. With over $450,000 in improvements just in the last year including upgrades to electric & plumbing systems, new appliances and kitchen/bathroom cabinetry as well as a back-up generator and a shared laundry facility, this building is fully occupied and generating income. Conveniently located steps from restaurants, cafes, parks and sandy F'sted beaches, this building offers the perfect mixed-use investment.

Details
Documents
Location/Area
Plot/Unit Number: 2-B
Island: St. Croix
Estate: King Street FR
Postal Code: 00840
Quarter: Frederiksted
Geo Lat: 17.714864
Geo Lon: -64.882915
Directions: Last building on King Street (at King & Lagoon St) and directly across from Buddhoe Park
General Property Description
List Price: $1,699,000
Realtor.COM Type: Commercial
Lot Acres: 0.13
Total Bedrooms: 7
Total Bathrooms: 3
Baths - Half: 2
Sub Type: 2-4 Multi Units
Taxes: 2930.74
Tax Year: 2019
Year Built: 1969
Furnished: Partial
Water Front: No
Pool: No
Zoning: C
Stamp Tax: Paid by Seller
Contract Information
Status: Closed
Under Contract Date: 2023-03-16
Current Price: $1,550,000
Begin Date: 2020-03-19
Sold Date: 2023-05-22
Sold Price: 1550000
Intended Use: Other
Listing/Selling Member Info
Approx Total Property SqFt: 7346
Approx Ext Sqft: 400
Approx Int Sqft: 6946
Miscellaneous
Air Conditioning: Split
PWD#: Measure Brief
Unit 1 Info
SqFt: 3724
Rent: 4656.25
Remarks: 1st Floor
Unit 2 Info
SqFt: 1692
Rent: 1800
Remarks: 2nd Fl, Unit 1
Unit 3 Info
SqFt: 730
Rent: 1500
Remarks: 2nd Fl, Unit 2
Unit 4 Info
SqFt: 800
Rent: 1500
Remarks: 2nd Fl, Unit 3
Property Features
Sale Includes: Land & Building
View: Sea; Town; Water
Amenities: Corner Building; High Traffic; Shops; Storefront
Flooring: Terrazzo
Security: Gate; Grillwork
Construction: Concrete Block
Roof: Concrete
Parking: Off Street

Listing Office: Blue Sky Real Estate

Office Phone: 340-719-1409

Information deemed reliable but not guaranteed.

Tuesday 16th of April 2024 05:28 PM