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RedSunSetRealty

197 Peter's Rest QU, St. Croix, 00820

$300,000
Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 4,450 Lot Size (sq. ft.): 11,761 Status: Closed
Current Price: $300,000 List Date: 10/12/2025 Last Modified: 3/31/2026

Overview

Description

Nestled at 197 Estate Peter's Rest, this impressive 2-story multi-family house presents a phenomenal investment prospect. Boasting five move in ready apartments, this centrally located gem offers proximity to shopping, restaurants, and the allure of a partial ocean view from the second-floor unit. The second floor features two spacious 2-bed, 2-bath apartments, each with a wooden deck for leisure. On the first floor, you'll find three separate 1-bed, 1-bath apartments. What's unique is that these apartments can easily be converted back to their original design, consisting of one 1-bed, 1-bath unit, and one 3-bed, 2-bath unit. For savvy investors, this property, after a few upgrades, will be an unmissable chance to secure a lucrative asset in a prime locale.

Listing Details MLS# 25-1936

LocationArea

Estate
Peter's Rest QU
Postal Code
00820
Directions
From Christiansted after Gateway Gas Station continue west on Peter's Rest Road towards Reliable Rentals. Make a right at the incline. It is the third multifamily peach house on the left.

Contract Information

Begin Date
2025-10-03
Concessions
No

General Property Description

Realtor.COM Type
Multi-Family
Lot Acres
0.27
Approx Total Main House
4450
Approx Total Property SqFt
4450
Total Bedrooms
8
Number of Bedrooms - Main House
8
Total Bathrooms
7
Sub Type
5+ Multi Units
Taxes
899.54
Tax Year
2023
Year Built
1992
Furnished
No
Water Front
No
Pool
No
Zoning
R-2
Stamp Tax
Negotiable

Status Change Info

Under Contract Date
2025-12-19
Sold Date
2026-03-25
Intended Use
Other

Miscellaneous

PWD#
1708

Exterior

Storm Shutters
Wood

More Information

Main House

Approx Interior SqFt - Main House
4390
Approx Exterior SqFt - Main House
60

Unit Info

Individual Meters
4

Property Features

View: Neighborhood Amenities: Deck; Patio Flooring: Tile Upper Baths: Shower/Bath Construction: Concrete Block; Masonry Roof: Fluid Applied Sewer: Septic Road: Asphalt Terrain: Low/Flat
Listing Office: Fortune Realty, LLC
Information deemed reliable but not guaranteed.