Caribbean MLSReal Estate

5-bedroom multi-unit villa in Great Northside, St. Thomas

Available on request

The brief

The reason to consider it.

Set yourself up for success in this solidly constructed masonry home, ideally perched above Mahogany Run and just minutes from world-famous Magens Bay Beach. Bright, airy, and thoughtfully configured, the property features a spacious 3-bedroom, 2-bathroom main residence plus two private 1-bedroom, 1-bathroom rental units, offering an excellent opportunity for rental income that can help cover the mortgage.

A large driveway provides ample flat parking, while solar power helps significantly reduce electric costs. With durable masonry construction, built-in income potential, and a convenient location near Magens Bay, Northside restaurants, and shopping in Tutu, this property offers a unique opportunity to enjoy island living while putting your property to work for you.

Year built
1993
Type
Villa
Land
17,416 ft²

What this listing includes

  • Furnished
  • Solar power

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