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RedSunSetRealty

14, 15 Crystal Gade, St. Thomas, 00802

$1,445,000
Property Type: Residential Bedrooms: 26 Baths: 23 Square Footage: 15,583 Lot Size (sq. ft.): 26,136 Status: Closed
Current Price: $1,445,000 List Date: 3/10/2021 Last Modified: 9/01/2024

Overview

Description

Smith's Fancy is an historic, iconic property in the town of Charlotte Amalie but in a bucolic setting with meandering pathways graced by towering mahogany and mango trees. During 1948-1962 it was one of the first guest houses on St. Thomas attracting fashion and design guests seeking respite from cold northern winters. Thereafter it became the long term apartment choice for those seeking a convenient in town location and walk to work and restaurants . Today there are 20 apartments in 6 buiuldings on 3 parcels of land totaling .60 acres. The town and harbor views are legendary along with the red roof tops and twinkling lights of town. The rent roll and almost nil vacancy rates are impressive. And Smith's Fancy has just undergone a major facelift in 2019 and early 2020 including

Supplements: new roofing, guttering, electrical and plumbing repairs, some interior upgrades and now they are just completing the exterior painting of all buildings. SEE CAPITAL IMPROVEMENTS LIST in documents This property is in the Opportunity Zone which offers some very attractive tax benefits. Click on document link for more information. Monthly Rent roll ...

Listing Details MLS# 20-816

LocationArea

Estate
Crystal Gade
Postal Code
00802
Directions
Main Street to Reform Church Street go straight , stay to left of Community Center head straight up hill which is Long Path follow to the end and park. This is the upper entrance to the property. Or follow Crystal Gade to the Synagogue and right beside it you will see a locked gate marked Smith's Fancy. It will be unlocked if you have an appointment.

Contract Information

Begin Date
2020-05-06
Unfinished Structure
No

General Property Description

Realtor.COM Type
Multi-Family
Lot Acres
0.6
Approx. Sq Ft
14583
Approx Total Property SqFt
15583
SqFt - GLA Main House
14583
Total Bedrooms
26
Number of Bedrooms - Main House
26
Total Bathrooms
23
Sub Type
5+ Multi Units
Taxes
10037.4
Tax Year
2019
Year Built
1948
Furnished
Appliances Only
Water Front
No
Pool
No
Zoning
R-3
Stamp Tax
50-50 Split

Status Change Info

Under Contract Date
2021-04-12
Sold Date
2021-08-12
Intended Use
Other

Miscellaneous

General Condition
Good
PWD#
D9-3847-T87
Remodeled
2020

Amenities

Other Amenity
multiple patios

More Information

Exterior

Color
varied
Gallery
several
Landscape
Mature
Off Street Parking
Yes
Storm Shutters
Wood

Appliance

Air Conditioning
Other
Dryer
2
Fans
5
Range
Electric
Refrigerator
Yes
Washer
2

Main House

Approx Interior SqFt - Main House
14583
Approx Exterior SqFt - Main House
1000

Unit Info

Individual Meters
wapa and water

Listing Info

Sign
Yes

Property Features

View: Harbor; Hillside; Neighborhood; Sea; South Amenities: Patio; Work Shop Flooring: Terrazzo; Tile; Wood Construction: Masonry; Mixed; Stone Roof: Fluid Applied; Pre-Fin Metal Fencing: Chain Link Water Source: Cistern Cistern: Common Road: Paved Terrain: Hillside Security: Gate; Grillwork
Listing Office: Calypso Realty PC
Information deemed reliable but not guaranteed.