$1,650,000
St. Croix, 00840
MLS# 22-1440
24 beds | 23 baths | 15000 sqft

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Property Description
Fabulous opportunity to own an investment generating excellent cash flow- 19 rental units in 10 duplex-styled concrete cottages tucked into a park-like setting. All units have individual WAPA meters. Fully functioning well, storage tanks, cisterns & public potable water supply water to units. 13 plots are undeveloped. This magical property- dotted w/old growth fruit & shade trees (mahogany, mango, kapok, etc) & peacocks is a short distance to Frederiksted's sandy white beaches, restaurants & the Frederiksted pier - renowned as a SCUBA destination. Rental units generate substantial income w/room to grow. The Great House, built in 1870 of cut coral stone, is a gorgeous example of 19th century architecture w/many original details. The Great House, once a bed & breakfast, is a passion project
Details
Maps
Documents
LocationArea
Estate: La Grange WE
Postal Code: 00840
Geo Lat: 17.719214
Geo Lon: -64.876039
Directions: From Frederiksted, head north on Beach Road. Make right after the Ball Park. Follow road. As road bears right, make left immediately after Brugal through the wooden fence.
Contract Information
List Price: $1,650,000
Current Price: $1,650,000
Begin Date: 2022-08-31
General Property Description
Realtor.COM Type: Multi-Family
Lot Acres: 19.21
Approx Total Main House: 6500
Approx Total Property SqFt: 15000
Total Bedrooms: 24
Number of Bedrooms - Main House: 3
Total Bathrooms: 23
Sub Type: 5+ Multi Units
Taxes: 8992.83
Tax Year: 2023
Year Built: 1870
Furnished: No
Water Front: No
Pool: No
Zoning: R-2
Stamp Tax: Negotiable
Status Change Info
Status: Active
Miscellaneous
PWD#: 1050
Amenities
Other Amenity: Well
Construction
Other: Historic
Exterior
Gallery: Great House
Off Street Parking: Yes
Main House
Approx Interior SqFt - Main House: 5000
Approx Exterior SqFt - Main House: 1500
Listing Info
Sign: Yes
Property Features
View: Hillside; Neighborhood
Amenities: Ruins
Flooring: Tile; Wood
Construction: Concrete Block; Masonry; Mixed; Stone
Roof: Fluid Applied; Pre-Fin Metal
Fencing: Wood
Water Source: Well
Sewer: Septic
Road: Gravel
Supplements
Located in the Opportunity Zone.
https://opportunitydb.com/tools/map/
https://www.usvieda.org/about-usvieda/enterprise-zone-commission/opportunity-zone
Listing Office: Blue Sky Real Estate
Office Phone: 340-719-1409
Information deemed reliable but not guaranteed.