Caribbean MLSReal Estate

4 Bedroom Income-Generating 4-Plex in St. Croix, USVI

Available on request

The brief

The reason to consider it.

Attractive income-generating 4-plex in St. Croix, USVI. This property features four separate apartments: two on the first level and two on the second floor, both with cathedral ceilings.

This is an impeccably maintained, two-story concrete structure, nestled in the heart of St. Croix. Each apartment boasts an open-concept layout with a handy kitchen island. Recently remodeled bathrooms add a touch of modern luxury. A thoughtfully designed communal deck, complete with a picnic table and gas grill, invites social gatherings, while a unique cocoon chair offers a relaxing space. The convenience of a coin-operated washer and dryer is available for all tenants.

This versatile property is ideal as a lucrative investment with a well-established rental history or as a personal retreat. Keep one unit for yourself and rent out the other three. The seller has experience with both long-term and short-term rentals.

Beach, tennis, golf, and the historic and charming Christiansted are only minutes away.

Last confirmed

Year built
1994
Type
Apartment
Land
27,879 ft²

What this listing includes

  • Air conditioning
  • Balcony
  • Furnished
  • Kitchen
  • Laundry

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