Caribbean MLSReal Estate

5BR multi-unit house St. Thomas

Not published

The brief

The reason to consider it.

Motivated sellers! Perched on prestigious Barrett Hill known for one of the most spectacular views in all of the VI, this rare single owner estate offers endless possibilities. The concrete residence features 3 bedrooms and 2 baths plus a separate 2 bedroom 1 bath apartment. Substantial work has been completed for 2 additional apartments, with AMNESTY Permit, creating exceptional income potential or multigenerational living.

Set on 0.52 acres filled with lush mature fruit trees, with two separate driveway entrances, a 20KW backup generator, and an unmatched setting just minutes to Hull Bay, Magens Bay, grocery stores, and dining. A truly unique investment and lifestyle opportunity with endless value add potential. Shown by appointment only.

Type
House
Land
22,701 ft²
Year built
Available on request

What this listing includes

  • Furnished

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