$995,000
16B,15& 14 Bjerge Gade KI
St. Thomas,
MLS# 22-72
20 beds  |  16 baths  |  9283 sqft
Two concrete buildings with a total of 16 rental units.
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Two concrete buildings with a total of 16 rental units. This angle reveals an Art Deco architecture. As you enter the building, at the end of the hallway are the doors to the two one bedrooms on this first floor. Heading up the stairs Looking up the stairs from the middle level. The owner has made improvements and continues to work on the buildings. Again, two one bedrooms on the right. And a two bedroom on the right. The building has potable water connected to each unit and separately metered, Cistern water is available at the kitchen sinks and the toilets use well water. There is an office on the ground floor. Use it to interview prospective tenants and keep up with your accounting. The building in the front is concrete on the bottom and wooden on the top. It has housed a store, a laundry and apartments over the years. Decide what you would make it. Or raise it and create a parking lot. There is always a need for more parking in town. The building is in town and has two secured accesses. This s the second half of the building. Both are secured like this. There are three floors, so there are stairs. Block work that allows air and light to flow through the building and is aesthetically pleasing too. On the top floor of the second building Back at the entry door and door to balcony Looking all the way through from the front door as you enter the unit Up close on the kitchen, Lovely wooden cabinets Another angle on the kitchen into the bedroom 16B,15& 14 Bjerge Gade KI, St. Thomas, A comfortable bedroom and closeting. Freshly painted ready for a new tenant who could be paying you rent. Bathroom freshly added decorative tile High window for ventilation and privacy. This is two photos knitted together to give you an idea of the bathroom in one shot. It is not bowed like this photo. Back out to the front door and balcony access door is open. Scenic view from the balony

Property Description
The property is two side by side apartment buildings, comprised of a total 16, one and two bedroom units, an office and store room and a store front that has been a candy store and a music studio in the past. Located in the heart of downtown Charlotte Amalie. An excellent opportunity for an investor. Serious investor only.

Details
Location/Area
Plot/Unit Number: 16B,15& 14
Island: St. Thomas
Estate: Bjerge Gade KI
Postal Code: 00802
Quarter: Kings
Geo Lat: 18.344686
Geo Lon: -64.924682
Directions: Coming down Mafolie Hill,, take a right turn at the far corner immediately past the stadium. The buildings will be on the right side of the road past the parking lot.
General Property Description
List Price: $995,000
Realtor.COM Type: Commercial
Lot Acres: 0.69
Approx. Sq Ft: 7283
Total Bedrooms: 20
Total Bathrooms: 16
Sub Type: 2-4 Multi Units
Taxes: 5636.2
Tax Year: 2021
Year Built: 1968
Furnished: No
Water Front: No
Pool: No
Zoning: B-3
Stamp Tax: Paid by Buyer
Contract Information
Status: Active
Current Price: $995,000
Begin Date: 2022-01-02
Listing/Selling Member Info
Approx Total Sqft: 9283
Approx Ext Sqft: 2000
Approx Int Sqft: 7283
Not Currently Used
Apt/Unit #: 16
Miscellaneous
Air Conditioning: No
PWD#: D 193587 T
Separate Meters: Yes
Street Front: Yes
Business Opportunity
Business Type: Residential rentals
Established: 1968
Income & Expenses
Annual Income: $39,600.00
Annual Expenses: $1,095.00
Annual Net: 38,505.00
Profit/Loss: 38,505.00
Parking
Parking: Yes
# of Spaces: 4
Parking Remarks: limited
Property Features
Sale Includes: Land & Building
View: Neighborhood; Town; West
Amenities: Corner Building; Fence; High Traffic; Living Qtr on Site
Flooring: Concrete; Tile
Security: Gate; Grillwork
Construction: Masonry
Roof: Concrete
Water: Cistern; Well

Listing Office: Van Blake-Coleman Realty

Office Phone: 340-344-2959

Office Email: tvanblakecoleman@gmail.com

Information deemed reliable but not guaranteed.