Caribbean MLSReal Estate

762 Barren Spot Ki

Not published

The brief

The reason to consider it.

Calling all investors!

762 Estate Barren Spot presents an excellent income-producing opportunity in a convenient central location. Situated on a .16-acre lot, this versatile property features three separate 2-bedroom, 1-bathroom units, for a total of 6 bedrooms and 3 bathrooms.

Each unit offers its own private entrance, providing tenants with added privacy and independence. The bedrooms are equipped with air-conditioning units, a highly desirable feature in the Virgin Islands rental market. Whether you’re looking to expand your portfolio with long-term rentals, workforce housing, or employee accommodations, this property offers multiple income streams under one roof.

Last confirmed

Year built
2003
Type
House
Land
6,975 ft²

What this listing includes

  • Air conditioning

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