6-Unit Investment Property with Ocean Views on St. Thomas
Not published
40 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Exceptional six-unit investment property on St. Thomas’ Northside, just minutes from the world-famous Magens Bay Beach. Enjoy beautiful sea views and refreshing island breezes from the spacious 3-bedroom, 2-bath main home featuring a dedicated laundry room and two porches. The property also includes a 2-bedroom apartment, three 1-bedroom apartments, and a studio, offering excellent income potential. Situated on one lot with two separate buildings, it features seven off-street parking spaces, a generator-ready electrical system with transfer switch, multiple storage sheds, and pump rooms. Conveniently located with easy access to town and the East End, this is an outstanding opportunity for investors or owner-occupants seeking rental income.
- Type
- Apartment
- Land
- 9,580 ft²
- Use
- Mixed use
- Lettable area
- 1,615 ft²
- Tenants
- 6
- Parking
- 7
- Zoning
- R-3
- Year built
- Available on request
What this listing includes
- Ocean view
- Laundry
- Parking
- Storage
- Furnished
- Backup generator
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
The asking price is not what it costs.
More listings on the same island. Availability is confirmed when you enquire.
