5-2 Lerkenlund GNS, St. Thomas, (MLS# 25-621)

Description

Income-Producing Four-Plex with Magens Bay Views. Well-built and fully permitted free-standing pair of homes offering four income-producing units overlooking Magens Bay. Ideally located on a quiet half-acre end-of-road lot with privacy, breezes, and multiple fruit trees. Currently generating up to $6,000/month in long-term rental income. Keep as a stable investment, live in one unit while rental income helps offset your mortgage, or explore short-term rental potential. Additional features include on-site coin-operated laundry for extra income and an automatic generator for power outages.

LocationArea

Estate: Lerkenlund GNS Postal Code: 00802 Geo Lat: 18.361406 Geo Lon: -64.943614 Directions: Coming down Hull Bay road, pass the northside grocery on your right. Look for a Berry's screening sigh on your left. Make that turn but stay straight and do not turn up the hill onto Spring road. Go all the way down to the dnd of the road where you will see blue and white cottages on your right hand side.

Contract Information

List Price: $1,100,000 Current Price: $1,100,000 Begin Date: 2025-03-26 Concessions: No

General Property Description

Realtor.COM Type: Multi-Family Lot Acres: 0.5 Approx Interior SqFt-Accessory Unit Total: 2200 Approx Exterior SqFt-Accessory Unit Total: 200 Approx Total Main House: 1700 Approx Total Property SqFt: 3000 Total Bedrooms: 5 Number of Bedrooms - Main House: 3 Number of Bedrooms - Accessory building: 2 Total Bathrooms: 4 Sub Type: 2 - 4 Multi Units Taxes: 3016 Tax Year: 2024 Year Built: 1991 Furnished: Appliances Only Water Front: No Pool: No Zoning: R-1 Stamp Tax: Negotiable

Status Change Info

Status: Active

Miscellaneous

PWD#: D9-4919-T90

Amenities

Generator/Size: 40 Other Amenity: Coin laundry onsite

Construction

Builder: Teddy Bryan

Exterior

Landscape: Professional Off Street Parking: Off Street Storm Shutters: Accordion

Appliance

Dryer: 2 Fans: Yes Range: 1 Refrigerator: 1 Washer: 2

Main House

Approx Interior SqFt - Main House: 1500 Approx Exterior SqFt - Main House: 200 Rent/Mo: 1500

Unit 2 Info

Approx Interior SqFt-Accessory Unit: 1200 Approx Exterior SqFt-Accessory Unit: 200

Unit 3 Info

# Bedrooms: 1

Unit 4 Info

# Bedrooms: 1 # Bath Info: 1 Approx Interior SqFt-Accessory Unit: 1000

Listing Info

Sign: Yes

Property Features

View: Ocean Flooring: Tile; Wood Upper Baths: Shower Construction: Wood Frame Roof: Pre-Fin Metal Water Source: Cistern Sewer: Septic Road: Concrete Terrain: Hillside Unit 2 Appliances: Air Conditioning; Generator; Refrigerator Unit 2 Cooling Type: Ceiling Fan(s); Split Unit 2 Generator Type: Automatic Unit 3 Appliances: Air Conditioning; Generator; Refrigerator Unit 3 Cooling Type: Ceiling Fan(s); Split Unit 3 Generator Type: Automatic Unit 4 Appliances: Air Conditioning; Generator; Range Unit 4 Cooling Type: Ceiling Fan(s); Split Unit 4 Generator Type: Automatic