$1,050,000
$250K PRICE DROP

Estimated payment $6,595/month

Total Views 7,836
12 Beds
6 Baths
5,245 Sq Ft
$200 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • No HOA
  • Wood Siding

About This Home

Unique opportunity to acquire newly renovated 6 unit building close to everything downtown Savannah has to offer including service & construction industry, SCAD, other colleges/universities and I-516. With potential annual income of $104,400 (pro-forma available upon request), it's perfect for anyone seeking a 1031 exchange and/or great ROI. Each unit consists of 2 beds/1 bath & private entrance. Large/ shared/ fenced courtyard is available between the two structures and offers tenants privacy and opportunity for bike storage, leisure & enjoyment year round and potentially outdoor space for pets. Recently renovated, each unit boasts new kitchens, baths, flooring, lighting, HVAC (split system), hot water heaters and updated electrical & plumbing. Kitchen appliances to include stainless refrigerators and stoves shall be installed by seller prior to closing. Available for immediate occupancy.

Listing Agent

Heather Booth

BHHS Bay Street Realty Group License #314371 Listed on: 02/13/2025

BHHS Bay Street Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 5,245 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tax Lot 87a
  • Assessor Parcel Number 2007303020/2007303021

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1990
  • Ownership: Investor
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Master Plan Zoning: Tr-1
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Acres: 0.12
  • Construction Type: Wood Siding

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel Number: 2007303020/2007303021
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Lot: 87a

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $1,050,000 -3.2% $200 / Sq Ft
06/30/2025 06/30/25 Price Changed $1,085,000 -0.9% $207 / Sq Ft
06/06/2025 06/06/25 Price Changed $1,095,000 -4.8% $209 / Sq Ft
05/20/2025 05/20/25 Price Changed $1,150,000 -4.1% $219 / Sq Ft
05/09/2025 05/09/25 Price Changed $1,199,000 -2.1% $229 / Sq Ft
04/17/2025 04/17/25 Price Changed $1,225,000 -2.0% $234 / Sq Ft
04/02/2025 04/02/25 Price Changed $1,250,000 -2.7% $238 / Sq Ft
03/18/2025 03/18/25 Price Changed $1,285,000 -0.8% $245 / Sq Ft
03/05/2025 03/05/25 Price Changed $1,295,000 -0.4% $247 / Sq Ft
02/13/2025 02/13/25 For Sale $1,300,000 +738.7% $248 / Sq Ft
10/06/2023 10/06/23 Sold $155,000 0.0% $92 / Sq Ft
09/01/2023 09/01/23 For Sale $155,000 -- $92 / Sq Ft
Source: Savannah Multi-List Corporation

Source: Savannah Multi-List Corporation

MLS Number: 323178

Savannah Multi-List Corporation

APN: 2-0073 -03-021