About this area
St. Thomas, VI Real Estate
Price Range: $160,000 - $30,000,000
$1,300,000
14
Beds
12
Baths
0.06
Acre Lot
Highlights of 16b Commandant Gade Qu
- Lot Acres
- 0.06
- Quarter
- Queens
- Total Bathrooms
- 12
- MLS #
- 26-942
- Status
- Active
- Total Bedrooms
- 14
-
Property Description
Turnkey Investment Opportunity | 12-Unit Apartment Building | 100% Occupied | 8% Cap RateLocated four blocks from the Waterfront in historic Charlotte Amalie and walking distance to Main Street and its many shops and restaurants.Major Tax Advantages for Investors - This property sits in both a Federal Opportunity Zone (with potential for capital gains tax deferrals) and a USVI Enterprise Zone, offering qualifying investors up to a 90% reduction in income tax and a 100% property tax exemption. Foreign investors may also benefit from no income or property tax obligations. Please confirm all tax benefits with your tax advisor.The original portion of the building is believed to date to the 1700s, featuring masonry rock walls up to 18 inches thick. Historic Garden Street, once home to the wealthy elite, is now home to restaurants, short-term rentals, boutique hotels, and the top-rated All Saints Cathedral School.
-
Additional Info
- Restrictions: Unknown
- Zoning: B-3
-
Fees and Taxes
- Tax Year: 2025
- Taxes: 4215.50
Listing courtesy of Real Solutions Real Estate, (340) 776-9792.
16b Commandant Gade Qu, Queens St. Thomas, 00802
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16b Commandant Gade Qu
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4410 Garfield County Road
Building, Neighborhood
$759,000
5 Beds
6 Baths
5,000 Sqft
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