Caribbean MLSReal Estate

3-k Catherine's Rest Co

Not published

The brief

The reason to consider it.

Opportunities for a cash buyer abound with this interesting property nestled in a nice mid island to East end neighborhood.

The concrete main house is surrounded by income producing structures with a concrete cottage in the back and a mixed construction duplex to the side. The main house features a full length sun room across the front, a huge covered porch on the back for outdoor living, and a carport. Well built in the 1960s with beautiful cypress ceilings, a little TLC would bring this home back to its glory. Large rooms with plenty space for entertaining.

Existing rental income in the cottage and half of the duplex is a great bonus. Whether you’re looking for a place to call home in a nice central location, or a great investment or both, this property has it all. See layout.

1517 interior sq. ft. 1080 covered ext sq.ft

Last confirmed

Year built
1966
Type
House
Land
10,463 ft²

What this listing includes

  • Kitchen
  • Parking
  • Storage

What people say about US Virgin Islands

Sources agree that the US Virgin Islands is simple to enter for Americans, since it is US territory, but costly to run once there.

  • Concern WAPA electricity is expensive and outages are routine; backup power is treated as standard
  • Concern Insurance is a hard market: higher premiums, large percentage windstorm deductibles, trouble for wood-frame homes; flood is separate
  • Mixed Closings are attorney-led, take longer than on the mainland, and need a USVI-licensed lender; surveys matter on irregular hillside lots
  • Mixed Condo costs are driven by windstorm insurance; check reserves and master policy before buying

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law