Description
Fabulous opportunity to own an investment property generating excellent cash flow- 19 rental units in 10 duplex-styled concrete cottages tucked into a park-like setting. All units have individual WAPA meters. Fully functioning well, storage tanks, cisterns & public potable water supply water to units. 13 plots are undeveloped. This magical property- dotted w/old growth fruit & shade trees (mahogany, mango, kapok, etc) & peacocks is a short distance to Frederiksted's sandy white beaches, restaurants & the Frederiksted pier - renowned as a SCUBA destination. Rental units generate substantial income w/room to grow. The Great House, built in 1870 of cut coral stone, is a gorgeous example of 19th century architecture w/many original details. The Great House, once a bed & breakfast, is a passion project. 60 et al La Grange is a subset of 74 et al. See MLS 24-855 Located in the Opportunity Zone. https://opportunitydb.com/tools/map/ https://www.usvieda.org/about-usvieda/enterprise-zone-commission/opportunity-zone
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24BEDS
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19.21ACRES
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26BATHS
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01/2 BATHS
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15,000SQFT
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$123$/SQFT
School Ratings & Info
Description
Fabulous opportunity to own an investment property generating excellent cash flow- 19 rental units in 10 duplex-styled concrete cottages tucked into a park-like setting. All units have individual WAPA meters. Fully functioning well, storage tanks, cisterns & public potable water supply water to units. 13 plots are undeveloped. This magical property- dotted w/old growth fruit & shade trees (mahogany, mango, kapok, etc) & peacocks is a short distance to Frederiksted's sandy white beaches, restaurants & the Frederiksted pier - renowned as a SCUBA destination. Rental units generate substantial income w/room to grow. The Great House, built in 1870 of cut coral stone, is a gorgeous example of 19th century architecture w/many original details. The Great House, once a bed & breakfast, is a passion project. 60 et al La Grange is a subset of 74 et al. See MLS 24-855 Located in the Opportunity Zone. https://opportunitydb.com/tools/map/ https://www.usvieda.org/about-usvieda/enterprise-zone-commission/opportunity-zone
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