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Sold Sold Date: September 1, 2022

3 Jeppes Gang KI St. Thomas, VI, 00802

List Price: $1,295,000 Sold Price: $1,000,000

7 Beds
6 Baths
Multi-Family
Built In 1800
Lot Area 0.12 acres
Living Area 5,077 sqft

About this property

A remarkable property on Commandant Gade (Bunker Hill) with legacy views of historic Charlotte Amalie and Harbor. Extensive renovations from 2017 to present this property has a total of 5 apartments with 4 apartments rents at $6700/mo plus 2 bedroom owner’s apt (rent value $2500/mo), and a lovely garden area with a pool. Currently rented long term they could also be 5 vacation rentals. Walk to everything in town, restaurants, shopping, grocery. See supplement for breakdown of 5 apartments.

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About this property

A remarkable property on Commandant Gade (Bunker Hill) with legacy views of historic Charlotte Amalie and Harbor. Extensive renovations from 2017 to present this property has a total of 5 apartments with 4 apartments rents at $6700/mo plus 2 bedroom owner's apt (rent value $2500/mo), and a lovely garden area with a pool. Currently rented long term they could also be 5 vacation rentals. Walk to everything in town, restaurants, shopping, grocery. See supplement for breakdown of 5 apartments.

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Additional Information

Taxes 906.89
Tax Year 2021
Supplements Full Address: 3 Jeppes Gang and 7b Domini Tvaer Gade Kings Quarter, St. Thomas, VI APARTMENTS IN GARDEN OF THE SILVER PALM TOTAL GROSS RENTS FOR 4 units Units 2-5 $6,700/month Note: Water and propane are supplied to each apartment at no cost to tenants. Seller paid about $300-400 to Water & Power Authority (WAPA) for potable water in over 20 years and most of that is for pressure washing etc. #1, The Quarters (owner occupied) 2/2; RENT VALUE $2500/mo. #2, Little Gate (top level, street entrance); 1/1 with sleeping porch; $1750/mo tenant pays electricity #3, The Veranda (mid level, rear); 1/1 with 8'X25' (+/-) south facing windows w/ screens porch; $1750/mo, tenant pays electricity #4, The Bluestone; 2/1 (mid level, south step entrance); $2000/mo. tenant pays electricity above $40 per month #5, The Keep; 1/1 (lowest level, near tenant laundry) $1200/mo The Keep is on the meter that is for owner's apartment. The rent for The Keep reflects that all utilities are included. POOL is 12' X 18' with a water depth of 2' to 5' Low power and low maintenance with salt water pump system There are two cisterns, 12,000 gals and 2,500 gals which are constantly full as roof size is so large. There is a hookup to city water too to supply property with high gravity pressure or you can fill cisterns. Gray water supplies the gardens There is a private enclosed shower in the side garden, perfect for after beach rinse offs! The owners apartment has a washer and dryer There is a separate washer/dryer closet for use by the tenants NOTE: All measurements and information provided by seller. Please check independently.

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