Caribbean MLSReal Estate

5-2 Lerkenlund Gns

Not published

The brief

The reason to consider it.

Perched on the desirable Northside of St. Thomas, this charming 4-plex captures breathtaking panoramic views of the turquoise waters of Magens Bay and offers an incredible opportunity for both investors and owner-occupants.

Each unit is thoughtfully equipped with split A/C units and ceiling fans for year-round comfort, while shared laundry facilities, ample off-street parking, and an automatic backup generator add everyday convenience.

Just minutes from the white sands of Hull Bay Beach, this property blends island living with rental income potential. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the others, this Northside gem offers the perfect combination of stunning views, cool Caribbean breezes, and an unbeatable location.

Year built
1996
Type
Apartment
Land
Available on request

What this listing includes

  • Air conditioning
  • Laundry
  • Parking
  • Backup generator
  • Furnished

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