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133 Cotton Valley EB, St. Croix, 00820 (MLS# 23-877)

133 Cotton Valley EB, St. Croix, 00820

$649,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 5,400 Lot Size (sq. ft.): 32,670 Status: Closed
Current Price: $649,000 List Date: 5/30/2023 Last Modified: 9/01/2024

Description

THE SKYBOX OF THE CARIBBEAN! This multi-unit villa offers some of the most breathtaking views that this island has to offer - the best seat in the Caribbean! High in the hills of Cotton Valley on the east end you'll get to experience sunrises to sunsets with views spanning from Buck Island to the north-west point of Judith's Fancy. This fully solar with net-metering two-unit villa includes a three bedroom, two bathroom upper level with a loft and an 800 sq. ft. covered sea-facing veranda and a two bedroom, two bathroom lower-level unit with an equally impressive gallery with the Skybox views of the Caribbean. Almost 9-10% cap rate possibility-Lower level long term rent is $2750, upstairs was quoted by a rental specialist for $4500, plus $625 total for utility agreement.

Supplements: Thats THREE sources of income making this villa a unique investment opportunity. Add Value: Instead of doing long-term rental upstairs, you could do short term. Those views and that gallery is exactly what renters are looking for! The current owner has the plans for a pool recently drawn up by an architect and those plans will convey with the sale - a $3000 plus value. Quoted $155,000 for pool installation. Will add a lot of value for rental and increase returns. Current lower level long term rent is $2750 and the upstairs was quoted by a rental specialist for $4500 long term. Located at the end of a quiet cul-de-sac with ample on-street parking. Main furniture is included with some personal items going with the owner. This will be easy to turn this around as a vacation rental if you choose. 133 Cotton Valley Special Features/Improvements Main House 12 Solar panels Windows and doors with impact resistance glass Solar hot water with separate meter Guest bathroom remodeled Air conditioning installed in all bedrooms, up and down, loft, kitchen and dining room in Spring of 2017 Broadband  free internet plus $500 payment per month Additional Information 15,000-gallon Cistern, with remote fill Galvanized hurricane panels Extensive new Trex decking installed in spring of 2017 House and apartment have their own separate washer/dryer Large storage room downstairs with washer and dryer Another storage room that could make a chicken coop. There are six security cameras Apartment has been updated with new kitchen cabinets, drywall in certain areas, plaster, electrical upgraded, replaced fans, every room repainted. New lighting in kitchen and master bathroom Track lighting added to highlight the cathedral ceilings Exterior lighting running the upper and lower decks operated on a switch Repaired exterior stairs and landing above the generator room Survey upon request. Total Sq. feet is approximated. Lower, level was not confirmed.

More Information MLS# 23-877

Location/Area

Plot/Unit Number: 133 Island: St. Croix Quarter: East End 'B'

General Property Description

Realtor.COM Type: Multi-Family SqFt - GLA Main House: 5400 Number of Bedrooms - Main House: 3 Number of Bedrooms - Accessory building: 2 Total Bathrooms: 4 Taxes: 1449 Furnished: Yes Tax Year: 2021 Lot Acres: 0.75 Water Front: No Pool: No Zoning: R-1 Stamp Tax: Negotiable Approx Interior SqFt-Accessory Unit Total: 0 Approx Exterior SqFt-Accessory Unit Total: 0 Approx Total Main House: 3143 Approx Total Property SqFt: 5400 Total Bedrooms: 5 Sub Type: 2 - 4 Multi Units Year Built: 1994

Status Change Info

Intended Use: Primary Status: Closed Under Contract Date: 2023-08-18 Sold Date: 2023-09-18 Sold Price: $649,000

Miscellaneous

PWD#: 1383

Amenities

Alternative Energy: 1 Deck: 1 Gallery: 1 Gas Grill: 1 Solar: 1

View

Buck Island: 1 Down Island: 1 Ocean: 1 Sea: 1

Appliance

Air Conditioning: Split Dishwasher: 2 Dryer: 2 Fans: Yes Range: 2 Refrigerator: Yes Washer: 2

Construction

Wood Frame: 1 Other: Post and Beam

Flooring

Wood: 1

Exterior

Color: Blue Gallery: Two - upper & lower Impact Glass: Yes Storm Shutters: Panels

Unit 2 Info

Bath Info: 2

Road

Dirt: 1 Paved: 1

Security

Camera: 1

Roof

Fluid Applied: 1

Water Source

Cistern: 1 Solar Hot Water: 1

Sewer

Septic: 1

Cistern

Apx Gallon: 1 Approx. Cistern Size: 15000

Main House

Kitchen: 1 # Bedrooms: 3 Bath Info: 2 Approx Interior SqFt - Main House: 2343 Approx Exterior SqFt - Main House: 800

LocationArea

Estate: Cotton Valley EB Postal Code: 00820 Geo Lat: 17.749208 Geo Lon: -64.633764 Directions: Going east on the East End Road, turn right at Seven Flaggs Road. Follow the road up and around past the Sugar Mill. Bear left at the purple pole, then follow the road to the ''Y''. Bear right at the ''Y'' then follow the road all the way up to the end of the cul-de-sac. Blue house on the left. See directional GeoMap in documents.

Contract Information

Sold Price: $649,000 Current Price: $649,000 Begin Date: 2023-05-19

Property Features

View: Buck Island; Down Island; Ocean; Sea Amenities: Alternative Energy; Deck; Gallery; Gas Grill; Solar Flooring: Wood Construction: Wood Frame Roof: Fluid Applied Water Source: Cistern; Solar Hot Water Cistern: Apx Gallon Sewer: Septic Road: Dirt; Paved Security: Camera Main House: Kitchen
Listing Office: Coldwell Banker St.Croix Realty - GB
Office Phone: 340-778-7000
Information deemed reliable but not guaranteed.

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