Caribbean MLSReal Estate

4xe 4x 4xg Fortuna We

Not published

The brief

The reason to consider it.

Exceptional multi-unit investment opportunity in Estate Fortuna!

Situated on approximately 0.80 acres, this property features three buildings with five residential units.

Building A is a duplex with two 2-bedroom, 1-bathroom units.
Building B, also a duplex, features a new roof, a 2-bedroom, 1-bathroom unit with a remodeled kitchen, and a remodeled 3-bedroom, 1-bathroom unit.
Building C is a 3-bedroom, 2-bathroom single-family home with a large unfinished basement offering workshop space, storage, and future potential.

Equipped with a backup generator for reliable power, this versatile property offers strong income-producing potential. Conveniently located just minutes from Fortuna Beach, UVI, Charlotte Amalie, and the airport.

Last confirmed

Type
House
Land
34,854 ft²
Year built
Available on request

What this listing includes

  • Backup generator
  • Furnished
  • Storage

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