$1,500,000

MLS Status:

Active

MLS #

25-2048
Beds: 13
Baths: 11
Type: Residential
Square Feet: 5832

ABOUT THIS PROPERTY

Investment opportunity: 9-unit income property currently generating $9,350/month with potential to generate approximately $13,000-$14,000/month (7 units rented and 2 units vacant). Property consists of 4x-1BR, 4x-2BR, and 1x-Studio, most on month-to-month terms, allowing flexibility (some currently rented below market rates). All units include AC and appliances, most are furnished. Coin-operated laundry. Separately (sub)metered utilities (except studio), and Wapa water. Solar (86 panels) + Batteries, Off street parkings. Zoned R-1 with grandfathered commercial use. Strong value-add and cash-flow potential in a high-demand rental market. Great potential as a short term rental property as well (Airbnb etc.) in a great location, and 1min drive to Havensight. Property sold as-is.

PROPERTY FEATURES

LOCATION INFORMATION


Island: St. Thomas
Beds: 13
Baths: 11
Directions:

Coming from Havensight, pass the Wico building, 4th property on the right with parking pad. See map (https://maps.app.goo.gl/AqpTVEq2tFPfv9kN7)

INTERIOR FEATURES


Furnished: Partial
Security Features: []
Water Source: []
Amenities: []

EXTERIOR FEATURES


View: []
Building Area: 5,832
Roof: []
Road Surface Type: []

ADDITIONAL INFORMATION


Property Subtype: 5+ Multi Units
Lot Size (Acres): 0.39
Zoning: R-1
Construction Materials: ["Concrete Block","Masonry","Mixed","Wood Frame"]

LISTING AGENT

John
Attias
List Office Name: Sea Glass Properties

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    This Residential property is located in Havensite FB and has been listed on Blue Sky Real Estate. This property consists of 0.39 acres and has a listing price of $1,500,000. The property has 13 bedrooms and 11 bathrooms. The year the home was built is 1962.

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