This property is represented by Tropical Properties Real Estate
"Grassy Hill” property is well situated for convenience and privacy. Located just above Cruz Bay on Centerline Road. It has beautiful views to the south and west, with dramatic sunsets and cool breezes. It has four units rented long term, has a very successful rental history, both financially and occupancy rate. With this steady income and plenty of room to expand, the R3 zoning and location makes it a great investment property. Current occupancy is only a tenth of the legal capacity (52 people), and the zoning allows up to six stories (Apartments,Hotels,Guest Houses, schools, swimming pools, etc) All parts of the property have good water views of south side and St Thomas. Its current buildings are comprised of a three bedroom/two bath apartment, a 2 bedroom/1 bath apartment.