$1,500,000
St. Thomas, 00802
MLS# 20-22
Status: Closed
16 beds | 10 baths

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Property Description
Solid Built, completely renovated,concrete multi family. Three 2 bdrm x 1 bath apartments Three 3 bdrm x 2 bath apartments + Efficiency Pool room can convert to additional efficiency New Kitchens & baths (granite & mahogany), floors (ceramic), windows & doors (impact resistant), A/C, state of the art security cameras. Everything new...Low maintenance property. Currently leased with low market, long term rentals. Upside in Re-letting, or switching to Air BnB / short term rental, as property operates independently with separate meters, pool, and high quality services, and efficiencies that can lock off from existing 3 bedroom units providing additional rental capacity. 60 kw generator
Details
Location/Area
Plot/Unit Number: 44B
Island: St. Thomas
Quarter: South Side
General Property Description
Realtor.COM Type: Commercial
Total Bathrooms: 10
Taxes: 3791.17
Furnished: Yes
Tax Year: 2017
Lot Acres: 0.54
Water Front: No
Pool: Yes
Zoning: R-3
Stamp Tax: Paid by Seller
Approx. Sq Ft: 9300
Sold Price: $1,500,000
Total Bedrooms: 16
Sub Type: 2-4 Multi Units
Contract Information
Intended Use: Other
Status: Closed
Under Contract Date: 2020-06-25
Current Price: $1,500,000
Begin Date: 2020-01-06
Sold Date: 2020-08-21
Sold Price: $1,500,000
Listing/Selling Member Info
Approx Int Sqft: 9300
Miscellaneous
PWD#: D9-7122-T002
Amenities
Approx. Cistern Size: 80000
Pool: 1
View
Harbor: 1
Panoramic: 1
South: 1
South Shore: 1
Construction
Concrete Block: 1
Masonry: 1
Flooring
Ceramic: 1
Tile: 1
Income & Expenses
Annual Income: $ 167,000+/-
Annual Expenses: 34,000.00 +/-
Annual Net: $ 133,000 +/-
Parking
Parking: Yes
Off Street: 1
Sale Includes
Land & Building: 1
Security
24 Hour Monitor: 1
Other: 1
Roof
Galvanized: 1
Water
Cistern: 1
Cistern
Cistern-LWD: 80,000 gallons
LocationArea
Estate: Lindberg Bay SS
Postal Code: 00802
Geo Lat: 18.353218
Geo Lon: -64.970817
Directions: Take Crown Mountain Rd. past Shibui. Abiut 1/8 mile further you will see a BLUE building with ''Crescent Point'' sign on the left before you reach the Botanical Garden near top of Crown Mountain road.
Property Features
Sale Includes: Land & Building
View: Harbor; Panoramic; South; South Shore
Amenities: Pool
Flooring: Ceramic; Tile
Security: 24 Hour Monitor; Other
Construction: Concrete Block; Masonry
Roof: Galvanized
Water: Cistern
Parking: Off Street
Listing Office: Christie's International Real Estate USVI
Information deemed reliable but not guaranteed.