NOT LISTED FOR SALE
11 Beds
9 Baths
7,650 Sq Ft
2,788 Sq Ft Lot

Last Sold September 15, 2017

Last sale price $1,525,000 $199 Per Sq Ft

36 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Jogging Path
  • Savannah Arts Academy Rated A+
  • Tennis Courts
  • 1-minute walk to Oglethorpe Square

About This Home

As of September 2017

The "William Duncan" House (c. 1883) is potentially the finest multi-unit building in the Landmark Historic District. Located at 224 E. Oglethorpe Ave., with spectacular Colonial Park Cemetery views, the building is a mix of studio, 1 & 2 BDRM units (9 units total -1 unit w/ a kitchen to complete). A projected annual rent roll of $140,700, 6 units are currently vacant for easy viewing. The building features massive over­scaled rooms, imposing stair hall, original hardwoods & fireplaces, high ceilings thru out, exposed brick, oversized carriage house units, original ironwork, courtyard, etc ... With a new roof and negligible monthly bills, this property provides a superlative investment opportunity. See attached documents for unit breakdown and rent roll.

Last Agent to Sell the Property

Bradford Moody

Seabolt Real Estate License #213896 Listed on: 07/11/2017

Last Buyer's Agent

Bradford Moody

Seabolt Real Estate License #213896 Listed on: 07/11/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,518

Year Built

  • Built in 1883 | Remodeled

Lot Details

  • 2,788 Sq Ft Lot
  • Lot Dimensions are 31x90
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 7,650 Sq Ft Home
  • 4-Story Property
  • Fireplace
  • Oven or Range

Flooring

  • Wood
  • Brick
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Full Bathrooms

Outdoor Features

  • Balcony
  • Courtyard
  • Front Porch

Location

  • City Lot

Schools

  • East Broad Elementary And Middle School
  • Savannah Arts High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric, telephone
  • Assessor Parcel Number 2-0015-06-010

Community Details

Overview

  • 2 Buildings
  • 9 Units

Recreation

  • Tennis Courts
  • Community Playground
  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,518

Year Built

Built in 1883 | Remodeled

Lot Details

0

Listing Details

  • Construction: Brick
  • Current Zoning: RIPA
  • Flood Insurance: Unknown
  • Inclusions: Ceiling Fans, Dryer, Refrigerator
  • Legal Description: W HALF 8 ANSON WD 4TH TY
  • Legal Subdivision: Fourth Tything Anson Ward
  • List Price Per Sq Ft: 209.15
  • Property Sub Type: Multi Building
  • Property Type: Multifamily
  • Recreation Facilities: Playground, Tennis Courts
  • Road Surface: Asphalt, Curb, Curb & Gutter, Paved
  • Style: Traditional
  • Year Built: 1883
  • Zoning Description: Multi Family
  • Advertised Subdivision: Landmark Historic District
  • Special Features: None

Interior Features

  • Appliances: Fireplace, Range/Oven, Refrigerator
  • Attic: Walkin
  • Full Bathrooms: 9
  • Total Bathrooms: 9.00
  • Total Bedrooms: 11
  • Common Walls: 2 Commonwalls
  • Fireplace Features: Non-Working
  • Floors: Brick, Hardwood, Vinyl
  • Total Sq Ft: 7650

Exterior Features

  • Exterior House: Balcony, Courtyard, Front Porch
  • Foundation: Slab
  • Structure: Restored, Updated

Garage/Parking

  • Parking Description: Street Parking

Utilities

  • Cable: Cable In Street
  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 9
  • Num Heating Units: 9
  • Num Water Heaters: 9
  • Sewer: Public Sewer
  • Telephone: AVAILABLE
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Park, Paths/Bike-Walk, Sidewalks, Street Lights, Walk To School, Walk To Shopping
  • Property Mgt Co Name: Owner

Schools

  • Elementary School: East Broad
  • Middle School: East Broad
  • High School: Savannah Arts

Lot Info

  • Exterior Lot: Alley
  • Fencing: Ornamental Metal
  • List Price Per Acre: 25000000.00
  • Lot Description: City
  • Lot Dimension: 31x90
  • Lot Size Sq Ft: 2788
  • Num Acres: 0.0640
  • Parcel Number: 2-0015-06-010
  • Property Description: Carriage House, House

Rental Info

  • Rental Info: Carriage House Apartment, Lower Level Apartment
  • Tenant Pays: Electric, Telephone

Tax Info

  • Annual Tax: 16518

Multi Family

  • Unit Count: 1

MLS Schools

  • Elementary School: East Broad
  • HighSchool: Savannah Arts
  • Middle School: East Broad

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
09/15/2017 09/15/17 Sold $1,525,000 -4.7% $199 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $1,600,000 -- $209 / Sq Ft
Source: Savannah Multi-List Corporation

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: 176354

Savannah Multi-List Corporation