74a Contant Ss
Available on request
10 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Investor opportunity in St. Thomas, USVI! This solid concrete 7-unit multifamily property is zoned commercial and offers strong fundamentals with significant upside for the right buyer. The building is currently under-rented, with a total monthly income of $5,700, creating immediate value-add potential through renovations or strategic repositioning. It is ideal for investors seeking dependable cash flow with room to increase rents in a growing market. Listed at $599,000, this property provides an attractive entry point into St. Thomas real estate with multiple income streams and long-term appreciation potential. Unlock the full potential of this well-located investment property.
- Type
- Commercial
- Land
- 4,855 ft²
- Use
- Mixed use
- Lettable area
- 4,790 ft²
- Tenants
- 7
- Zoning
- C
- Year built
- Available on request
What this listing includes
- Parking
- On-site security
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.
