The White House - Ref. # 661-MS

Mary's Fancy, St. Maarten

The WHITE HOUSE is a very large and fantastic multi family income property with great views. In addition to its massive size and very spacious floor plans; there is lots of room for expansion! This property is currently used as a 5 bedroom 2 level home with a 2 bedroom 2 bath separate apartment below. There is a separate / detached building; a studio waiting to happen.

Property Breakdown:
- A 5 Bed 4 Bath Home on the 2nd & 3rd level = $2,500.00 per month potential income
- A 2 Bed 2 Bath Apartment on the 1st floor = $1,000.00 per month rental history
- A separate detached small building / studio = $500.00 per month potential income

Property Details:
- Residential - House / Levels - 3
- Location - Mary's Fancy Estate
- Bedrooms - 8 / Bath - 6
- View - Hill Side & Valley (Partial Ocean)
- Good size kitchen / Semi-Furnished
- Washer & Dryer - Hook ups w/storage room
- Patio - Yes, Several very large wrap around
- Pool - No, but plenty space avail. to build one
- Interior Size (Square Feet) - 4500 (Total)
- Construction - Solid; Concrete Blocks
- Roof - Rafters & Zinc / Year Built - 1980
- Hurricane Protection - Yes, Manual (Wood)
- Yard / Fence - Yes, Completely Walled
- Lot Size (Square Feet) - 10,083
- Lot Size (Square Meters) - 945m2
- Ownership - Long Lease (Government)

Additional Information:
- Parking - Off street (multiple)
- Community - Residential / Average
- Schools - 7 available (5 min proximity)
- Down Town - 8 min / Airport - 15 min
-Restaurant / Entertainment - 5 min drive
- Beaches - 7 min / Park - 6 min drive

This is a perfect opportunity for investors looking for an investment property that can easily pay for itself. The White House can easily be transformed into 4 separate income apartments and has the potential to do great on the long term rental market. This property is well built and competitively priced for today's market.

Property Information: