9-Unit Income Property in Frenchmans Bay
Available on request40 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
- Year built
- 1962
- Type
- Apartment
- Land
- 18,299 ft²
What this listing includes
- Air conditioning
- Furnished
- Laundry
- Solar power
- Parking
The reason to consider it.
Investment opportunity: 9-unit income property with currently 8 units rented and 1 unit vacant. The property consists of 4x-1BR, 4x-2BR, and 1x-Studio units, most on month-to-month terms, allowing flexibility. All units include AC and appliances, and most are furnished. There is a coin-operated laundry facility on-site.
Utilities are separately (sub)metered for all units except the studio, and WAPA water is provided. The property features solar power with 86 panels and batteries, providing backup energy. Off-street parking is available.
This is a grandfathered multi-unit property offering strong value-add and cash-flow potential in a high-demand rental market. It also has great potential as a short-term rental property (Airbnb, etc.).
The location is excellent, just a 1-minute drive to Havensight. Property sold as-is.
US Virgin Islands
The shaded area shows US Virgin Islands, not the home itself. We share the exact address, access and boundaries once we have spoken.
The asking price is not what it costs.
More listings on the same island. Availability is confirmed when you enquire.
