Buy an entire Condominium Complex in St Thomas in the US Virgin Islands !! A Six Unit Solid Concrete Building in a prime location in St Thomas in the US Virgin Islands. A 5-minute walk to Red Hook with Restaurants, Groceries and the Ferry to St John. Perfect for Airbnb. Guests do not even need to rent a car. This is a one-of-a-kind property. Nothing else like it on the Island. It has 5 major features that make it special. 1 – A breathtaking view, even for St Thomas. Pilsbury Sound with St John across the bay. 2 – Location, a 5-minute walk downhill to Red Hook, where the ferry to St John is, many restaurants, groceries, anything you need. 3 – Power Sources – The best system you can have on St Thomas, 3 different power sources. WAPA, the Electrical Company. Solar, and a Genny. The Generator hardly comes on anymore with the Solar Power. Wapa goes out fairly often, and we hear generators coming on around us on other properties, but we stay quiet with the Solar Power. The generator is used now for severe power outages only, longer than 8 – 10 hours. Then the batteries of the solar system will go down to 30% charge and kicks the Genny on. The Generator was new in 2020, and has a Perkins diesel Engine. The Solar system was new in November of 2023. 4 – There is a large Workspace / Storage room behind the Complex. It has a sixteen-foot-long work bench and plenty of room. If you opt to sell some of the condos, this feature is awesome for the Islands. Anyone with a boat, who wants a condo would be able to work on their dinghy engine, or whatever. 5 – An entire Condominium Association. The property has been an apartment complex renting the 6 units, but has recently been changed into condos, making it very lucrative. There are many ways to make money with the 6 condos. You can long term 3, and Airbnb 3. You can Airbnb all 6. Or you can sell all six to make some quick cash. Just do a search on Realtor.com for condos for sale on St Thomas, Any decent location goes for over $300,000. Or you can sell 3 condos, getting most of your investment back and keep 3. Keeping 3 let’s you retain control of the whole property, and gets all the Expenses cut in half, billing the other 3 condos for their dues. You then keep ½ of the property for long term investment and steady income. Come live in Paradise…
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