live aboard boat for sale

c.1974 Live Aboard Boat For Sale ~ Lindsey 40 Diesel Trawler Project Large Aft Cabin Model Under $5K ~ Off Market

In The Water in Norfolk, Virginia    $4,950 Off Market

c.1974 Live Aboard Boat For Sale ~Lindsey 40 Diesel Trawler Project Large Aft Cabin Model Under $5K

1974 Lindsey 40 diesel trawler, aft cabin, single Perkins 6-354 diesel engine, very roomy interior that would make a great live aboard or cruiser. Located in the water in Norfolk Virginia. This boat will need work before you move her.


Areas needing attention:
  • She was used as a live aboard for many years and will need the engine gone over and the steering looked at- she was taken out briefly this summer but the engine needs fuel, and the steering needs fluid/air pressure due to not currently turning the rudder. It is hydraulic, probably Hynautics brand. Air pressure on the fluid reservoir is low, @ 9 psi.
  • Expect to change out all fuel filters, and bleed the fuel system BEFORE starting the engine. Tank may need cleaning too. We have a small aluminum tank you are welcome to if you want to use that temporarily.
  • Interior is pretty rough, she was lived on for several years. All the basics are there, minus one aft cabin cushion.
  • Bottom has lots of growth, we can refer a diver to clean it off. 
  • Engine turns over and did run very briefly for me, it exhibits all the characteristics of a fuel starved diesel, you will likely just need to prime/bleed the injection system and it will run fine. Expect to change oil and fuel filters as part of standard deferred maintenance. These motors are known for reliability and longevity. 
  • There are some soft spots on the bridge deck, it feels pretty solid and is very walkable. 
  • Areas around perimeter of main cabin floor have some moisture damage, and would benefit from a couple layers of fiberglass around the lower corner of where the cabin meets the deck. This was (appears to be)a caulk joint at construction that has leaked. 
  • Interior woodwork needs cosmetic work and varnish-its mostly ok but there are some rough spots. Also on the gelcoat surfaces there is a lot of writing on the cabin sides-so paint or you might get lucky with some acetone cleaning or 2000 grit sandpaper. 
  • Lots of cosmetics need attention. Wall around forward head is missing, a new one needs to be installed.



Strong points: 
  • Very efficient six cylinder diesel, should use small amount of fuel per hour.
  • Lots of room around the engine for easy access and extra storage.
  • The two cabins are very roomy, the forward v berth cabin has its own head and there is a built in shower in the aft owners cabin, which is plenty big for all the extras you would want to bring cruising.
  • All windows in the main salon are under cover of the bridge deck, so on a rainy day they can stay open, but also this keeps leaks down as well.
  • While the boat will need work, she is essentially a blank slate for anyone with moderate to good carpentry skills to set up as they desire. Having done just that with my own sailboat, I can attest to the fact that it is nice to have things exactly how you want them based on what you’re desired use for the boat is! 
  • Onan Generator, condition unknown.



We are pricing her with the work needed in mind, and please understand that she is not a turnkey yacht, but a boat needing work, and she conveys where is/as is. The marina has rented the space where she is but can put her in a transient spot on a per day basis ($2 ft/day), with the understanding that she needs to be moved to another marina. There are several nearby, with the one next door charging around 9-10 dollars per foot per month. We can assist in moving her if needed for a reasonable charge, likely lunch if you help. Paypal for deposit only, balance cash or cashiers check from a large bank such as BB&T or Bank of America please.
Sale is as is where is, **any monies left as deposits will be kept if buyer fails to complete the purchase for any reason!!**. Feel free to contact me with any questions PRIOR to purchase during business hours at 757 560 8854  Eastern Standard time. your bid constitutes compliance with these terms.



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