44B Lindberg Bay SS, St. Thomas,

$1,500,000
Property Type: Commercial Bedrooms: 16 Baths: 10 Lot Size (sq. ft.): 23,522 Status: Closed
Current Price: $1,500,000 List Date: 1/07/2020 Last Modified: 9/09/2020

Description

Solid Built, completely renovated,concrete multi family. Three 2 bdrm x 1 bath apartments Three 3 bdrm x 2 bath apartments + Efficiency Pool room can convert to additional efficiency New Kitchens & baths (granite & mahogany), floors (ceramic), windows & doors (impact resistant), A/C, state of the art security cameras. Everything new...Low maintenance property. Currently leased with low market, long term rentals. Upside in Re-letting, or switching to Air BnB / short term rental, as property operates independently with separate meters, pool, and high quality services, and efficiencies that can lock off from existing 3 bedroom units providing additional rental capacity. 60 kw generator

More Information MLS# 20-22

Location/Area

Plot/Unit Number: 44B Island: St. Thomas Estate: Lindberg Bay SS Postal Code: 00802 Quarter: South Side Geo Lat: 18.353218 Geo Lon: -64.970817 Directions: Take Crown Mountain Rd. past Shibui. Abiut 1/8 mile further you will see a BLUE building with ''Crescent Point'' sign on the left before you reach the Botanical Garden near top of Crown Mountain road.

General Property Description

Sold Price: $1,500,000 Realtor.COM Type: Commercial Lot Acres: 0.54 Approx. Sq Ft: 9300 Total Bedrooms: 16 Total Bathrooms: 10 Sub Type: 2-4 Multi Units Taxes: 3791.17 Tax Year: 2017 Furnished: Yes Water Front: No Pool: Yes Zoning: R-3 Stamp Tax: Paid by Seller

Contract Information

Status: Closed Under Contract Date: 2020-06-25 Current Price: $1,500,000 Begin Date: 2020-01-06 Sold Date: 2020-08-21 Sold Price: $1,500,000 Intended Use: Other

Listing/Selling Member Info

Approx Int Sqft: 9300

Miscellaneous

PWD#: D9-7122-T002

Amenities

Approx. Cistern Size: 80000

Income & Expenses

Annual Income: $ 167,000+/- Annual Expenses: 34,000.00 +/- Annual Net: $ 133,000 +/-

Cistern

Cistern-LWD: 80,000 gallons

Parking

Parking: Yes

Property Features

Sale Includes: Land & Building View: Harbor; Panoramic; South; South Shore Amenities: Pool Flooring: Ceramic; Tile Security: 24 Hour Monitor; Other Construction: Concrete Block; Masonry Roof: Galvanized Water: Cistern Parking: Off Street
Listing Office: Christie's International Real Estate USVI

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.