NOT LISTED FOR SALE

603 W 40th St Savannah, GA 31415

Cuyler-Brownsville Neighborhood
6 Beds
3.5 Baths
2,640 Sq Ft
6,882 Sq Ft Lot

Last Sold October 23, 2023

Last sale price $450,000 $170 Per Sq Ft

31 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Garden
  • Fenced Yard
  • Interior Lot
  • 4-minute walk to Wells Park

About This Home

As of October 2023

PHENOMENAL OPPORTUNITY WITH THIS PROPERTY IN AN AREA OF GREAT REVITALIZATION !! YOU MAY LIVE IN ONE UNIT AND RENT THE ADDITIONAL TWO UNITS AT MARKET RENT VALUE. THREE RESIDENCES FOR THE PRICE OF ONE $$$ CURRENTLY ALL 3 UNITS ARE OCCUPIED BY LONG TERM TENANTS FOR A MONTHLY INCOME STREAM OF $2,800. YOU CAN'T GO WRONG WITH THIS INVESTMENT !! Close proximity to downtown, SCAD, Enmarket Arena and the Georgia Ports. NO HOA FEES !! THE POSSIBILITIES ARE ENDLESS ! UNITS WERE REMODELED / UPDATED IN 2017 TO INCLUDE NEW ROOF, HVAC SYSTEMS, WATER HEATERS, ELECTRICAL, ETC.

Last Agent to Sell the Property

Noel Daoud

Re/Max Savannah License #324842 Listed on: 09/22/2023

Re/Max Savannah

Last Buyer's Agent

Sarah Sullivan

McIntosh Realty Team LLC License #419783

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 6,882 Sq Ft Lot
  • No Unit Above or Below
  • Two or More Common Walls
  • Fenced Yard
  • Wood Fence
  • Interior Lot
  • Level Lot
  • Garden
  • Land Lease of $975 per month

Home Design

  • Triplex
  • Traditional Architecture
  • Raised Foundation
  • Asphalt Roof
  • Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Single Oven

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in Kitchen
  • Washer and Dryer Hookup

Parking

  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, electric, landscape maintenance, sewer, trash, water
  • Assessor Parcel Number 2007326010

Property Details

Home Type

Multi-Family

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • GarageYN: No
  • Construction: Siding
  • Current Zoning: TR1
  • Flood Insurance: Unknown
  • Inclusions: Refrigerator
  • Legal Description: 2 3 STILES WD
  • Legal Subdivision: Stiles Ward
  • List Price Per Sq Ft: 149.62
  • Property Sub Type: Tri-Plex
  • Property Type: Multifamily
  • Road Surface: Paved
  • Style: Traditional
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Single Oven, W/D Connection
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Common Walls: 2 Commonwalls, No One Above, No One Below
  • Laundry: Dryer Connection, Kitchen, Washer Connection
  • Total Sq Ft: 2640

Exterior Features

  • Exterior House: Porch
  • Foundation: Raised Slab
  • Roof: Asphalt
  • Structure: Updated

Garage/Parking

  • Parking Description: Parking Lot, Side/Rear Entrace, Street Parking

Utilities

  • Cooling Type: Central
  • Heating Type: Central
  • Num Cooling Units: 3
  • Num Heating Units: 3
  • Num Water Heaters: 3
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Property Management: Yes

Lot Info

  • Exterior Lot: Alley, Fenced Yard, Garden Area, Privacy Fence
  • Fencing: Wood
  • Land Lease Amount: 975.00
  • Land Lease Amount Frequency: MONTHLY
  • Land Lease Expiration Date: 11/30/2023
  • Land Lease: Yes
  • List Price Per Acre: 2500000.00
  • Lot Description: Interior, Level
  • Lot Size Sq Ft: 6882
  • Num Acres: 0.1580
  • Parcel Number: 2007326010
  • Property Attached: Yes

Rental Info

  • Rental Info: Entire House
  • Tenant Pays: Cable, Electric, Landscape Maintenance, Sewer, Trash, Water

Multi Family

  • Unit Count: 3

Range of Values:

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List Price
Sold Price
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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
10/23/2023 10/23/23 Sold $450,000 +13.9% $170 / Sq Ft
09/22/2023 09/22/23 For Sale $395,000 -- $150 / Sq Ft
Source: Savannah Multi-List Corporation

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Noel Daoud

    Seller's Agent in 2023

    Noel Daoud

    RE/MAX

    (912) 596-4909

    2 in this area

    94 Total Sales

    Noel Daoud
    Section Image

  • S

    Buyer's Agent in 2023

    Sarah Sullivan

    McIntosh Realty Team LLC

    (912) 346-7109

    1 in this area

    56 Total Sales

    Sarah Sullivan
    Section Image
See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: 297294

Savannah Multi-List Corporation

APN: 2-0073 -26-010

Georgia Chatham County Savannah 31415 Cuyler-Brownsville

603 W 40th St, Savannah, GA

This home is located at 603 W 40th St, Savannah, GA 31415 since 22 September 2023. This property was built in 1940. 603 W 40th St is a home located in Chatham County with nearby schools including Hodge Elementary School, Derenne Middle School, and Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Savannah Multi-List Corporation IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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