Caribbean MLSReal Estate

3 Beds 3 Baths 1,500 Sqft Home for Sale in US Virgin Islands

Not published

The brief

The reason to consider it.

Opportunity knocks on the cool Northside of St. Thomas! This unique property features two spacious 1-bedroom, 1-bath apartments plus an efficiency apartment, all currently undergoing renovations. Buy now and add your own finishing touches before renovations are complete. Ideal for investors, owner occupants seeking rental income, or short term vacation rentals. Enjoy cool island breezes, lush tropical surroundings, and strong upside potential.

This property is listed with Offshore Real Estate.

Year built
1979
Type
House
Land
11,431 ft²

What this listing includes

  • Parking
  • Kitchen
  • Air conditioning
  • On-site security

What people say about US Virgin Islands

Sources agree that the US Virgin Islands is simple to enter for Americans, since it is US territory, but costly to run once there.

  • Concern WAPA electricity is expensive and outages are routine; backup power is treated as standard
  • Concern Insurance is a hard market: higher premiums, large percentage windstorm deductibles, trouble for wood-frame homes; flood is separate
  • Mixed Closings are attorney-led, take longer than on the mainland, and need a USVI-licensed lender; surveys matter on irregular hillside lots
  • Mixed Condo costs are driven by windstorm insurance; check reserves and master policy before buying

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law