2A-Rem Bakkero FB, St. Thomas, 00802 (MLS# 15-164)

2A-Rem Bakkero FB, St. Thomas, 00802

$1,300,000

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 Type: Commercial Lot Size (sq. ft.): 21,780 Status: Closed

Current Price: $1,300,000 List Date: 1/28/2015 Last Modified: 12/02/2019

Overview

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!

Listing Details MLS# 15-164

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

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

Under Contract Date: 2016-04-29
Begin Date: 2015-01-22
Sold Date: 2017-03-06
Intended Use: Other

Miscellaneous

PWD#: F9-3863-T80
Separate Meters: Yes
Street Front: Yes

Parking

Parking: Yes

Listing Info

Sign: Yes

More Information

Property Features

View: Harbor; Neighborhood; St. Thomas; Town Flooring: Tile Construction: Masonry Parking: Off Street

Documents

Lot line ›

Apartment Dimensions & Rental Amounts ›

Listing Office: US Virgin Islands Sotheby's

Information deemed reliable but not guaranteed.