Multi-Unit Residential Property in Prime Location!Unlock the potential of this large multi-unit income-producing residential property located on the south side of the island. Just a short walk from the stunning Lime Tree Beach, this property is perfectly positioned for tenant convenience.The main house features three spacious bedrooms and two bathrooms, offering a comfortable living space. Each of the four other units are equipped with air conditioning, ensuring tenant satisfaction year-round. A generator on the property provides reliable power, enhancing the appeal of this investment.With ample parking available and all units currently rented, this property guarantees immediate cash flow. Its accessible location makes commuting easy, further increasing its desirability for tenants.
For sale
Price cut: $10K (4/3)
$990,000
14-129 Frenchman Bay #FB, Saint Thomas, VI 00802
10beds
6baths
18,731sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$53/sqft
$-- HOA
What's special
- 195 days
- on Zillow |
- 336 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 03:17pm
Listed by:
La'Mar Walters,
David Jones Real Estate
Source: St Croix / St Thomas BOR,MLS#: 24-1790
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Cooling
- Unit 2 Air Conditioning, Unit 3 Air Conditioning, Unit 4 Air Conditioning, Unit 2 Ceiling Fan(s), Unit 2 Split, Unit 3 Ceiling Fan(s), Unit 3 Split, Unit 4 Ceiling Fan(s), Unit 4 Split
Appliances
- Included: Unit 2(Air Conditioning), Unit 3(Air Conditioning), Unit 4(Air Conditioning)
Interior area
- Total structure area: 18,731
- Total interior livable area: 18,731 sqft
Property
Lot
- Size: 0.43 Acres
Details
- Zoning: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonry
Community & HOA
Location
- Region: Saint Thomas
Financial & listing details
- Price per square foot: $53/sqft
- Annual tax amount: $2,573
- Date on market: 10/14/2024
- Total actual rent: 5000
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