Caribbean MLSReal Estate

Multi-Unit Property at 33 Hospital Ground, St. Thomas, US Virgin Islands

Available on request

The brief

The reason to consider it.

This property presents a solid investment opportunity in the historical area of St. Thomas, conveniently located near the Old Hospital and stadium, with walking distance to town and market. It is ideally suited for an in-town guest house or an AirBnB venture.

The first building features two 3-bedroom, one-bathroom apartments. The second building contains two 2-bedroom, one-bathroom apartments. All units are currently rented.

Additional information includes no noted restrictions and A-1 zoning.

Last confirmed

Year built
1972
Type
Guesthouse
Land
4,359 ft²

What this listing includes

  • Kitchen
  • Parking

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