NOT LISTED FOR SALE
5 Beds
5 Baths
3,472 Sq Ft
4,400 Sq Ft Lot

Last Sold February 08, 2019

Last sale price $645,000 $186 Per Sq Ft

4 Days on Market

Highlights

  • Community Beach Access
  • Boat Ramp
  • Traditional Architecture
  • Howard Elementary School Rated A-
  • Deck
  • 3-minute walk to Park of Seven Flags

About This Home

As of February 2019

Just steps from Tybee Beach and the Atlantic Ocean, one finds this historic, c.1930, 5 unit income property originally built as 4 units for the Powers family. Ideal for long or short term rentals, there are 4, 1 Bedroom/1 bath units and 1 large rooftop studio with current rents all under market value. The wrap around upper porch offers beautiful ocean views. The top deck offers birds eye views of the Ocean and Island. All porches have been built as outdoor living space and are very spacious. Enjoying the outdoor space doesn’t stop at the porches. There is a large back yard with deck and plenty of sun. A building near the beach is not complete without an exterior shower to wash of the sand. There is a community laundry room onsite. A very valuable feature is the ample parking. There are 5 parking spaces across the front and the left side drive can hold up to 2 more cars for a total of 7 car parking. This is a wonderful investment opportunity on Tybee Island.

Last Agent to Sell the Property

Liza DiMarco

Compass Georgia LLC License #364345 Listed on: 01/10/2019

Compass Georgia LLC

Last Buyer's Agent

Brent Palmer

Waterline Real Estate Group License #268312

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,386

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 4,400 Sq Ft Lot
  • Fenced Yard
  • Wood Fence
  • Interior Lot
  • Level Lot
  • Garden

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Composition Roof
  • Siding

Interior Spaces

  • 3,472 Sq Ft Home
  • 3-Story Property

Kitchen

  • Single Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • 5 Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Courtyard
  • Deck
  • Wrap Around Porch

Location

  • City Lot

Schools

  • Howard Elementary School
  • Coastal Middle School
  • Islands High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Programmable Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Boat Ramp
  • Community Beach Access

Listing and Financial Details

  • Tenant pays for electric, gas, sewer, trash
  • Assessor Parcel Number 4-0009-03-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,386

Year Built

Built in 1938 | Remodeled

Lot Details

0

Listing Details

  • Construction: Brick, Brick/Siding, Siding, Stone/Frame
  • Current Zoning: C1
  • Flood Insurance: Yes
  • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Refrigerator, Washer
  • Legal Description: W PT OF LOT 6 SUB LOT 6 WARD 5 TYBEE
  • List Price Per Sq Ft: 208.81
  • Property Sub Type: Multi Building
  • Property Type: Multifamily
  • Road Surface: Asphalt, Paved
  • Style: Traditional
  • Year Built: 1938
  • Zoning Description: Commercial, Multi Family
  • Special Features: None

Interior Features

  • Appliances: Cooktop-Separate, Dishwasher, Dryer, Electric, Microwave, Range/Oven, Refrigerator, Single Oven, W/D Connection, Washer
  • Attic: Walkin
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Floors: Hardwood, Tile, Vinyl
  • Laundry: Dryer Connection, Laundry Room, Washer Connection
  • Total Sq Ft: 3472

Exterior Features

  • Exterior House: Courtyard, Deck, Front Porch, Porch, Wrap Porch
  • Foundation: Off Ground
  • Roof: Composition
  • Structure: Cosmetic Repairs, Updated

Garage/Parking

  • Num Carport Spaces: 5
  • Num Parking Pad: 2
  • Parking Description: Attached, Detached, Off Street

Utilities

  • Cable: Cable Ready
  • Cooling Type: Central, Wall Unit
  • Heating Type: Central
  • Num Cooling Units: 5
  • Num Heating Units: 2
  • Num Water Heaters: 1
  • Sewer: Public Sewer
  • Trash Collection Fee: Yes
  • Trash Collection: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: Beach Access, Boat Ramp, Sidewalks, Street Lights, Walk To Shopping

Schools

  • Elementary School: Howard
  • Middle School: Coastal
  • High School: Islands

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Exterior Lot: Fenced Yard, Garden Area
  • Fencing: Wood
  • List Price Per Acre: 7178217.82
  • Lot Description: City, Interior, Level, Private Backyard
  • Lot Dimension: 4,400
  • Lot Num: 6
  • Lot Size Sq Ft: 4400
  • Lot View: Ocean
  • Num Acres: 0.1010
  • Parcel Number: 4-0009-03-003
  • Property Description: House

Rental Info

  • Rental Info: Efficiency Apartment, Lower Level Apartment
  • Tenant Pays: Electric, Gas, Sewer, Trash

Tax Info

  • Annual Tax: 6386

Multi Family

  • Unit Count: 5

MLS Schools

  • Elementary School: Howard
  • HighSchool: Islands
  • Middle School: Coastal

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
02/08/2019 02/08/19 Sold $645,000 -11.0% $186 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $725,000 -- $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: 200926

Savannah Multi-List Corporation