$1,400,000
St John, VI 00830
MLS# 23-216
Status: Closed
4 beds | 3 baths | 3169 sqft
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Property Description
Multi unit property for sale. Main house consists of 2br/1ba unit on top 2 floors and 1br/1ba on lower level. Rooftop pool on the property with studio unit underneath, built as solid concrete and finished 2018. Sale to include architectural plans and approved building permits for 4 unit structure consisting of two 2br/2ba and two 1br/1ba with a common area rooftop kitchen. Total property is .54 acres, two parcels selling together, and zoning compliant for current units and new approved units to be built. Located Cruz Bay quarter Gifft Hill neighborhood with views to the west.Convenient to town and beaches. Property views are incredible panoramic ocean views including the islands of St Thomas, Little St James, and Great St James. There are also beautiful sunset views to the west.
Details
Maps
Contract Information
Current Price: $1,400,000
Status: Closed
Book Section: Residential
Realtor.com Type: Residential - Single Family
List Date: 2023-07-18
Sold Date: 2023-09-29
Sold Price: $1,400,000
Financing: Conventional
Assoc. Year: 2023
Road Assessment Year: 2023
Insurance: yes
Bank Owned: No
3rd Party Approval Required: No
Intended Use: Other
Location, Legal, and Tax Information
Parcel Number: 9-6A-1 &
Parcel Addl.: 9-6A REM
Estate: Glucksberg
Quarter: Cruz Bay
Island: St John
Country: US
State/Province: VI
Postal Code: 00830
Subdivision: None
Easements: of record
Access: of record
Zoning: R-2Residential
Restrictions: None
Stamp Tax: split 50/50
HOA Dues: None
General Property Description
Total Bedrooms: 4
Total Bathrooms: 3
Sq Ft Enclosed (+/-): 2339
Sq Ft Deck (+/-): 830
Total SqFt. (+/-): 3169
Waterfront: N
Pool: Yes
Hot Tub/Spa: No
Year Built: 2012
Lot Size In Acreage: 0.54
Lot Size In SqFt: 23522
Hurricane Damaged Property: No
House/Apt
Bedrooms: 4
Bathrooms: 3
Addl Construction
Builder: Owner & prior owner
Foundation: masonry
Grade: sloping
Appliances
# of Units: 6
Cistern
Capacity +/- (gal.): 10,000 +/-
Property Features
Condition: Very Good
Sewer: Septic
Construction: Frame; Masonry
Roof: Galvanized
Landscaping: Professional
View: Caribbean; South Shore; St. Thomas; West/sunset
Furnished: Yes
Appliances: Dryer; Refrigerator; Stove; Washer
Cistern: Masonry
Possession: Buyer Honor Rntl Res
Supplements
There have been many new upgrades throughout the years including an electronic security gate, whole house generator with automatic transfer switch (2022) and 500 gallon propane tank, new AC units throughout (2018), and plenty of on site newly refinished concrete parking.
Each unit has separate washer/dryer to make same day villa flips easy. Solid short therm rental history with VRBO. Large cistern approximately 10k gallons feeds the entire property. High pH water filtration system to provide drinking water to guests,
This property has high consistent cash flow, low fixed expenses, online apps to manage from afar without a property manager, and room for an even higher rate of return with the approved permits and building plans. We don't expect this property to be on the market long, especially at the asking price and terms including owner financing to qualified buyers.
Listing Office: 340 Real Estate Company LLC.
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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