$1,240,000
4-5 Rem Con 4-6 Carolina
St John, VI 00830
MLS# 17-117
6 beds  |  4 baths  |  4782 sqft


View from veranda over lovely Coral Bay Harbor
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View from veranda over lovely Coral Bay Harbor Imagine yourself lying here-total relaxation Great restaurants & shopping just down the road in Coral Bay A dream setting, keep an eye on your boat Units are side-by-side-Unit 1 upper & lower Unit 2 -upper & lower-spacious covered decks on both levels 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 Lower level-south side Lover level Lower level Lower level 4-5 Rem Con 4-6 Carolina, St John, VI 00830 Overlooking Coral Bay Harbor 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 4-5 Rem Con 4-6 Carolina, St John, VI 00830 Kitchen-upper south Kitchen 2-upper south Liv rm-upper south Liv rn Liv rm-charming furnishings New 55" Samsung flat screen

Property Description
MOTIVATED SELLER has meticulously maintained this Coral Bay duplex, layout offers several options for family home or investor. Lovely setting above active harbor, near boats, restaurants, shopping, paved access. Property updated 2018, looks brand new. Trades cool house yr round, views encompass Coral Bay harbor & Norman Island. Masonry construction, side-by-side units house 2BR/1BA on upper level, 2 studios w/pvt access located lower level, plumbed for kitchenettes. Current LT tenant pays $2,500 month, lease expires Aug 2020. ST rental of adorable lower south studio w/lg pvt deck & upper 2BR south unit offers exc cash flow opp. Add'l lot included in sale, room for pool. No HOA fees, parties equally split transfer tax. Easy to view last minute. See Supplement for add'l details.

Details
Maps
Contract Information
Current Price: 1240000
Status: Active
Book Section: Residential
Realtor.com Type: Residential - Single Family
List Price: 1240000
Financing: Conventional
Assoc. Year: 2018
Road Assessment Year: 2018
Insurance: Available
Bank Owned: No
3rd Party Approval Required: No
Location, Legal, and Tax Information
Parcel Number: 4-5 Rem
Parcel Addl.: Con 4-6
Estate: Carolina
Quarter: Coral Bay
Island: St John
Country: US
State/Province: VI
Postal Code: 00830
Subdivision: None
Easements: Of record
Access: paved public
Zoning: R-2Residential
Restrictions: None
HOA Dues: None
General Property Description
Total Bedrooms: 6
Total Bathrooms: 4
Sq Ft Enclosed (+/-): 2782
Sq Ft Deck (+/-): 2000
Total SqFt. (+/-): 4782
Waterfront: N
Pool: No
Hot Tub/Spa: No
Year Built: 2005
Lot Size (+/-): 0.382+/-, 0.342+/-
Addl Construction
Builder: Robinson
Foundation: Concrete
Grade: Moderate, downhill
Appliances
# of Units: 4
Cistern
Capacity +/- (gal.): 28,006
Property Features
House/Apt: None
Condition: Excellent
Sewer: Septic
Construction: Masonry
Roof: Membrane
Landscaping: Professional
View: British Virgin Islan; Caribbean; East/sunrise; Harbor; Panoramic
Furnished: Yes
Appliances: Dishwasher; Dryer; Refrigerator; Stove; Washer
Cistern: Masonry
Possession: Buyer Honor Rntl Res
Supplements
#4-5, #4-6 Estate Carolina, MLS 17-117 4 units, live in 1, rent the other 3, enjoy no expenses. Easy to view last minute. Update on rental bookings: Current revenue total (including LT tenant) Dec 2018-April 2019: $39,885. March & April revenue will increase as calendar fills in. Owner use: studio & 2BR: 7 days January, 10 days March. Studio listed as Airbnb "Superhost", creating first page billing & other perks. Seller projects 2019 gross revenue of $90k for 3 units based upon current bookings & conservative trend, property should pay for itself completely including mortgage, insurance, property tax, expenses. Property has been completely repaired, no projects for the new owner to tackle, looks better than ever. South lower Coral Bayview Studio available on Airbnb #20709175 & VRBO #1335741, $155 nightly, adorable rental, new outdoor lighting, great location in Coral Bay, lovely harbor views, excellent condition. See reviews below. South upper Coral Bayview Villa 2BR x 1BA available on Airbnb: #16911923 & VRBO: #1440118, $245 nightly, beautifully furnished, spacious. Freshly painted. New Generac 20 KW generator. New oversized stainless outdoor grill. New 55 " Samsung flat screen in upper ST unit. Storm damage repairs complete including 3 windows replaced w/Jeld Wen units. All three bedrooms in Unit 2 south have a/c. Splits in the 2 upper bdrms (quiet, efficient). Two of the three bdrms in Unit 1 north have a/c, both are splits. New ceiling fans in upper south unit. New membrane roof coating, beams, gutters, fascia repaired or replaced. New deck railings, paint. All decks sanded, painted w/Diamond Hard paint 2017. All exterior walls painted 2017. New exterior hand rails & hurricane shutters installed 2016, pressure treated lumber. New pressure tank on Unit 2 south water system 2016. Spare water pump for Unit 2 recently purchased, heavy duty cast iron. Spare water heater for Unit 2 south. Several replacement parts for PuraFlo water purification system for both Units. Water is filtered thru 0.5 micron carbon filter, treated with UV light. New water pump Unit 1 north 2016. Unit 2 south-teak deck furniture, high end interior furniture, queen sofa bed in LR, all interior decorations included except for personal photos. Palm trees, mango, key lime & many others planted past 5 years. Coral Bayview studio AirBnB reviews: Feb 2018: It was very pleasant, beautiful view of Coral Bay, great deck to spend the mornings and evenings listening to the sounds of nature and taking in the views of the bay. The condo is comfortable, with A/C and very clean. Overall it was a very enjoyable stay; I would stay there again and recommend it to others. March 2018: The apartment was pretty, with fresh white linens, beach towels and fins and masks for the beach, a pair of hammock chairs on the lanai that just waved with the constant breeze. April 2018: The Coral Bay studio is a gem - tasteful, cozy, and comfortable - in a perfect location with all the amenities you'd want. The place was spotless, conveniently located, and full of personal touches. May 2018: Fabulous stay in our studio ! Easy walk to Pickles/ Skinny Legs and grocery store.

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Thursday 13th of December 2018 01:29 PM