Leaving St Thomas and Selling 2 Completed Apartments in a 7/8 Completed House in West Caret Bay St Thomas
A beautiful spot in Caret Bay Estates on St Thomas in the US Virgin Islands with half the upstairs
and a downstairs apartment ready to live in. PRICE is now $425K as the house is almost ready
to get it's final inspections.
NOTE: The house does not have it's final inspections and occupancy Permit.
This means that it is NOT possible to get any kind of normal bank loan.
If you do not have cash from a previous house sale or can get a construction loan this house is
not for you.
Two comparable houses listed nearby with seaglass properties are listed for over $600K. This house
only needs about $40K to be completely finished. So the deal is there if you come up with the money.
NOTE Also: Most of these pictures are outdated as the house is being
worked on and progress is always further along.
For a larger image right click over an image and choose "view Image".
Note some older images are here to give a more complete picture.vi_apartment.html for the
Pictures of the gound floor studio Apartment.
This house is 7/8 Completed and the hard part is done. Looking at the plans belowthe east half
has been finished with a complete bathroom, bedroom. closet and kitchen all in working order
including AC in the bathroom and bedroom. And has been lived in. The sale will be include the current furnishings
ready for you to sleep in.
The remainder and outside plastering. walkways, tiling is being worked on currently along
with finishing the west half. The plastering is more than 3/4 completed in these other areas.
When this is done the price will go up again but if you buy now you can install the tiling, colors and front
windows you want. But this will be completed in the first week of March 2022.
Note the is enough tile, bathroom toilets, fixtures, wiring , plumbing,
conduit ect to finish the remainder of the house no problem. Only oceanside windows need to be
purchased as you can go cheap HomeDepot on these at $1000 or Lawson wide view multiplane
Low E green tint sliders for about $4000
The floor plans are in the images below.
The house was built to be hurricane and earthquake proof.
From the foundation up, everything is steel reinforced concrete and grouted block with
oversized foundation and beams holding up the first floor.
I planned to never insure this house as there is no way a hurricane could damage it.
The floor walls, windows and interior and waiting for a new owner..
note the plans have smaller windows but you can pick any doors and windows you like!
The plumbing and electrical was put in
to allow a second story as well although the plans and current building permit
which come with the house only have one floor.
There is a very nice finished studio apartment with main room of 16x9,a 5x4 closet
and 9x4 bath a on the bottom level. There is a Washer and
a 2000 Watt Solar electrical system. The .20 acer lot is planted with
bannana, sugar cane, papaya, coconut, passion fruit and mango trees with a
long vegetable garden strip on one side down the hill.
Complete set of DesignCAD/AUTOCAD plans as well as complete approved set of
building plans await new owners input. Current owner will work with new to complete
house. All tools and A LOT of materials, fixtures etc needed are on site and will convey with the house.
The view out over the Atlantic, Inner and Outer
Brass Island and a 6 minute trip
to downtown Charlotte Amalie or the University of the Virgin Islands make this
quiet out of the way lush north side location the place to live.
It is 5 minutes from Hull Bay Beach and Caret Bay beach which are the two main Surf spots...
It already can produce income from Rentals..when the whole thing is done
it will bring in about $2000 a month in rental by the month.
At the current insane rates rates as much as $4k a month if managed as a short term rental.
It is also ideal for college students or professors..and 8 minutes to Brewers Beach and UVI
There is also 8'X16' wood cottage with electricity, double bed, AC, small kitchenette,
sink, toilet and outdoor shower stall.
Contact
Robert Dinion
540 Then 575 after that 1669
or email
Contact Robert Dinion
