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3 Jeppes Gang KI, St. Thomas,

$1,000,000
Property Type: Residential Bedrooms: 7 Baths: 6 Square Footage: 5,077 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $1,000,000 List Date: 1/09/2022 Last Modified: 9/01/2022

Description

A remarkable property on Commandant Gade (Bunker Hill) with legacy views of historic Charlotte Amalie and Harbor. Extensive renovations from 2017 to present this property has a total of 5 apartments with 4 apartments rents at $6700/mo plus 2 bedroom owner's apt (rent value $2500/mo), and a lovely garden area with a pool. Currently rented long term they could also be 5 vacation rentals. Walk to everything in town, restaurants, shopping, grocery. See supplement for breakdown of 5 apartments.

Supplements: Full Address: 3 Jeppes Gang and 7b Domini Tvaer Gade Kings Quarter, St. Thomas, VI APARTMENTS IN GARDEN OF THE SILVER PALM TOTAL GROSS RENTS FOR 4 units Units 2-5 $6,700/month Note: Water and propane are supplied to each apartment at no cost to tenants. Seller paid about $300-400 to Water & Power Authority (WAPA) for potable water in over 20 years and most of that is for pressure washing etc. #1, The Quarters (owner occupied) 2/2; RENT VALUE $2500/mo. #2, Little Gate (top level, street entrance); 1/1 with sleeping porch; $1750/mo tenant pays electricity #3, The Veranda (mid level, rear); 1/1 with 8'X25' (+/-) south facing windows w/ screens porch; $1750/mo, tenant pays electricity #4, The Bluestone; 2/1 (mid level, south step entrance); $2000/mo. tenant pays electricity above $40 per month #5, The Keep; 1/1 (lowest level, near tenant laundry) $1200/mo The Keep is on the meter that is for owner's apartment. The rent for The Keep reflects that all utilities are included. POOL is 12' X 18' with a water depth of 2' to 5' Low power and low maintenance with salt water pump system There are two cisterns, 12,000 gals and 2,500 gals which are constantly full as roof size is so large. There is a hookup to city water too to supply property with high gravity pressure or you can fill cisterns. Gray water supplies the gardens There is a private enclosed shower in the side garden, perfect for after beach rinse offs! The owners apartment has a washer and dryer There is a separate washer/dryer closet for use by the tenants NOTE: All measurements and information provided by seller. Please check independently.

More Information MLS# 21-1644

Location/Area

Plot/Unit Number: 3 Island: St. Thomas Estate: Jeppes Gang KI Postal Code: 00802 Quarter: Kings Geo Lat: 18.344795 Geo Lon: -64.930441 Directions: Travel North up Mafolie Hill a/k/a Maude Proudfoot Drive, a/k/a Route 35, take second left which is BUNKER HILL, travel down see third house on right. Dark yellow, green trim and sign Garden of the Silver Palm

Contract Information

Sold Price: $1,000,000 Current Price: $1,000,000 Begin Date: 2021-10-26

General Property Description

Realtor.COM Type: Multi-Family Lot Acres: 0.12 Approx Total Property SqFt: 5077 SqFt - GLA Main House: 4794 Total Bedrooms: 7 Number of Bedrooms - Main House: 7 Total Bathrooms: 6 Sub Type: 5+ Multi Units Taxes: 906.89 Tax Year: 2021 Year Built: 1800 Furnished: Yes Water Front: No Pool: Yes Zoning: R-4 Stamp Tax: 50-50 Split

Status Change Info

Status: Closed Under Contract Date: 2022-07-19 Sold Date: 2022-09-01 Sold Price: $1,000,000 Intended Use: Other

Miscellaneous

PWD#: 0000

Amenities

Other Amenity: extraoutdoor shower

Baths

Shower Only: 6

Exterior

Beach: Nearby Color: deep yellow Gallery: covered Impact Glass: Yes Landscape: Lush Off Street Parking: No Storm Shutters: Other

Cistern

Approx. Cistern Size: 14500

Appliance

Air Conditioning: Other Dishwasher: 1 Dryer: 2 Fans: Yes Microwave: Yes Range: Yes Refrigerator: Yes Washer: 2

Main House

Approx Interior SqFt - Main House: 4794 Approx Exterior SqFt - Main House: 1366

Listing Info

Sign: Yes

Property Features

View: Hillside; Neighborhood; Sea Amenities: Cabana; Gallery; Patio; Ruins; Work Shop Flooring: Concrete; Tile; Wood Construction: Masonry; Mixed; Stone Roof: Pre-Fin Metal Fencing: Masonry Water Source: Cistern; Grey Road: Asphalt Terrain: Hillside
Listing Office: Calypso Realty PC

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.