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197 Peter's Rest QU, St. Croix,

$400,000
Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 4,450 Lot Size (sq. ft.): 11,761 Status: Closed
Current Price: $300,000 List Date: 10/12/2025 Last Modified: 3/31/2026

Description

Nestled at 197 Estate Peter's Rest, this impressive 2-story multi-family house presents a phenomenal investment prospect. Boasting five move in ready apartments, this centrally located gem offers proximity to shopping, restaurants, and the allure of a partial ocean view from the second-floor unit. The second floor features two spacious 2-bed, 2-bath apartments, each with a wooden deck for leisure. On the first floor, you'll find three separate 1-bed, 1-bath apartments. What's unique is that these apartments can easily be converted back to their original design, consisting of one 1-bed, 1-bath unit, and one 3-bed, 2-bath unit. For savvy investors, this property, after a few upgrades, will be an unmissable chance to secure a lucrative asset in a prime locale.

More Information MLS# 25-1936

LocationArea

Estate: Peter's Rest QU Postal Code: 00820 Geo Lat: 17.72288 Geo Lon: -64.737412 Directions: From Christiansted after Gateway Gas Station continue west on Peter's Rest Road towards Reliable Rentals. Make a right at the incline. It is the third multifamily peach house on the left.

Contract Information

Sold Price: $300,000 Current Price: $300,000 Begin Date: 2025-10-03 Concessions: No

General Property Description

Realtor.COM Type: Multi-Family Lot Acres: 0.27 Approx Total Main House: 4450 Approx Total Property SqFt: 4450 Total Bedrooms: 8 Number of Bedrooms - Main House: 8 Total Bathrooms: 7 Sub Type: 5+ Multi Units Taxes: 899.54 Tax Year: 2023 Year Built: 1992 Furnished: No Water Front: No Pool: No Zoning: R-2 Stamp Tax: Negotiable

Status Change Info

Status: Closed Under Contract Date: 2025-12-19 Sold Date: 2026-03-25 Sold Price: $300,000 Intended Use: Other

Miscellaneous

PWD#: 1708

Exterior

Storm Shutters: Wood

Main House

Approx Interior SqFt - Main House: 4390 Approx Exterior SqFt - Main House: 60

Unit Info

Individual Meters: 4

Property Features

View: Neighborhood Amenities: Deck; Patio Flooring: Tile Upper Baths: Shower/Bath Construction: Concrete Block; Masonry Roof: Fluid Applied Sewer: Septic Road: Asphalt Terrain: Low/Flat
Listing Office: Fortune Realty, LLC
Information deemed reliable but not guaranteed.
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