16b Commandant Gade Qu, St. Thomas, 00802, MLS# 26-942

1 of 67 Photos Map

$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

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.

Alexey Dubovoy Agent

340.514.3643
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