$2,000,000
St. Thomas,
MLS# 15-2034
Status: Closed
1 / 9
Property Description
Great investment property! NET INCOME PAYS back investment in (+/-) 8 YEARS ! This Historical building has been totally remodeled (Class A). There is approximately 11,000 net leasable sq ft on 2 floors (almost fully leased) There are 12-14 gated parking spaces and a gated secure side entrance to all of the spaces except for the front (waterfront). All of the spaces are individually metered for water and electricity (tenants pay their own utilities
Details
Maps
LocationArea
Postal Code: 00802
Geo Lat: 18.339941
Geo Lon: -64.936368
Directions: Waterfront. Near old Vitelco. Next to Dry Cleaners
General Property Description
Sold Price: $2,000,000
Realtor.COM Type: Commercial
Lot Acres: 0.49
Taxes: 6485.87
Tax Year: 2013
Water Front: Yes
Zoning: B-1
Stamp Tax: Paid by Buyer
Contract Information
Status: Closed
Under Contract Date: 2019-09-20
Current Price: $2,000,000
Begin Date: 2015-11-10
Sold Date: 2020-02-21
Sold Price: $2,000,000
Intended Use: Other
Not Currently Used
Apt/Unit #: 5
Miscellaneous
Air Conditioning: Central
PWD#: D9-1862-T81
Separate Meters: Yes
Street Front: Yes
View
Waterfront: Cliff
Parking
Parking: Yes
# of Spaces: 12-14 gated
Unit 1 Info
Rent: 5,745. /mo
Remarks: Empty
Unit 2 Info
Rent: 1,795.00/mo
Remarks: leased
Unit 3 Info
Rent: 3,010.00/mo
Remarks: leased
Unit 4 Info
Remarks: leased
Unit 5
Remarks: leased
Property Features
View: Harbor; Ocean; Sea
Parking: Off Street
Supplements
If you are an investor looking for high rate of return upon income property, look no further. This is the Highest Cap rate available on market. Please inquire.
Listing Office: Christie's International Real Estate USVI
Information deemed reliable but not guaranteed.