2A-Rem Bakkero FB, St. Thomas, (MLS# 15-164)

$1,300,000

2A-Rem Bakkero FB
St. Thomas,
MLS# 15-164
Status: Closed

1 / 10

Smaller structure is a 2 bedroom Apartment with private entry and separate parking. 2 story larger structure houses two - one bedroom units plus 9 studios including one with expanded floor plan

Incredible views from the central hallway and many of the apartments

Ample parking for every unit. Easy access from main Frenchman's Reef Entry road

Lovely grounds, nice layout, beautifully maintained.

Property Description
Income property producing approx $150K per year!!! 12 unit apartment building producing excellent cash flow. Consistent Rental history. 2 Buildings include one-2 bedroom, two-1 bedroom, one-executive studio, and 8-studio apartments. Rentals range from $850 - $2350/month. Upgraded interiors, nicely furnished, beautifully maintained, fully leased, fabulous location!

Details

Documents

LocationArea

Estate: Bakkero FB

Postal Code: 00802

Directions: Take the road toward Frenchman's Reef. Building is on your left just before the turn to Sunset Drive. Building has large paved parking lot

General Property Description

Sold Price: $1,300,000

Realtor.COM Type: Commercial

Lot Acres: 0.5

Taxes: 2919.37

Tax Year: 2013

Water Front: No

Zoning: R-1

Stamp Tax: Negotiable

Contract Information

Status: Closed

Under Contract Date: 2016-04-29

Current Price: $1,300,000

Begin Date: 2015-01-22

Sold Date: 2017-03-06

Sold Price: $1,300,000

Intended Use: Other

Miscellaneous

PWD#: F9-3863-T80

Separate Meters: Yes

Street Front: Yes

Parking

Parking: Yes

Listing Info

Sign: Yes

Property Features

View: Harbor; Neighborhood; St. Thomas; Town

Flooring: Tile

Construction: Masonry

Parking: Off Street

Listing Office: US Virgin Islands Sotheby's

Information deemed reliable but not guaranteed.