$400,000

197 Peter's Rest Qu St. Croix, VI 00820

Estimated payment $2,498/month

8 Beds
7 Baths
4,450 Sq Ft
$90 Price per Sq Ft

About This Home

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.

Listing Agent

Cara Pascal

Fortune Realty, LLC License #2-18307-3B Listed on: 10/12/2023

Map

Property Details

Home Type

Multi-Family

Year Built

1992

Lot Details

0

Listing Details

  • 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.
  • Key Island: St. Croix
  • Listing Member Name: Cara A Pascal
  • Listing Office Short Id: FRLLC
  • List Office Board Code: St. Croix
  • Open House Office I D: 20221124013137930980000000
  • Prop. Type: Residential
  • Property Sub Type: 5+ Multi Units
  • Restrictions: None Noted
  • Type of Sale: Arms Length
  • Terrain: Low/Flat
  • Special Features: None
  • Year Built: 1992

Interior Features

  • Amenities: Deck, Patio
  • Taxes Real Estate: Peter's Rest QU
  • Flooring: Tile
  • One Quarter Bathrooms: Queen
  • Furnished: No
  • Total Bathrooms: 7.00

Exterior Features

  • Exterior Construction: Concrete Block, Masonry
  • View: Neighborhood
  • Waterfront: No
  • Pool: No
  • Roof: Fluid Applied
  • Road: Asphalt

Utilities

  • Sewer: Septic
  • Water Source: City

Fee Information

  • Taxes: 899.54

Lot Info

  • Lot Acres: 0.27
  • Zoning: R-2

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 For Sale $400,000 0.0% $90 / Sq Ft
10/12/2025 10/12/25 For Sale $400,000 0.0% $90 / Sq Ft
10/05/2025 10/05/25 Off Market $400,000 -- --
09/07/2025 09/07/25 Price Changed $400,000 -19.8% $90 / Sq Ft
10/12/2023 10/12/23 For Sale $499,000 -- $112 / Sq Ft
Source: St. Thomas Board of REALTORS®

Source: St. Thomas Board of REALTORS®

MLS Number: 23-1683

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Listing Agent
Cara Pascal
Fortune Realty, LLC