NOT LISTED FOR SALE
12 Beds
4 Baths
6,746 Sq Ft
3,528 Sq Ft Lot

Last Sold June 11, 2020

Last sale price $925,000 $137 Per Sq Ft

223 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Front Porch
  • Savannah Arts Academy Rated A+
  • Balcony
  • Laundry Room

About This Home

As of June 2020

Capitalize on a booming rental market in downtown Savannah with this four-unit money-maker plus commercial space. Recent updates and a coveted location – just one block from Forsyth Park – make this a high-value property that’s already producing income. This is the perfect opportunity for an investor looking for a sought-after property in the heart of a city seeing massive demand for long-term, downtown rentals.
The three-bed, one-bath units feature fresh updates with renovated bathrooms, modern fixtures, and new kitchens with stainless steel appliances. Large windows, tall ceilings, breezy porches, and historic details add to the appeal. All can be sold furnished. The units occupy two separate buildings on one property. The commercial space on the ground floor of the east building faces Abercorn Street and would be perfect for a small shop or café with wide windows that draw foot traffic.

Last Listed By

Ridley Stallings

Corcoran Austin Hill Realty License #370720 Listed on: 07/16/2019

Corcoran Austin Hill Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,528 Sq Ft Lot
  • Lot Dimensions are 58 x 61
  • Two or More Common Walls
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 6,746 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Attic

  • Scuttle Attic Hole
  • Pull Down Stairs to Attic

Outdoor Features

  • Balcony
  • Front Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Tenant pays for cable, electric, sewer, trash, water
  • Assessor Parcel Number 2-0044-20-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction: Brick, Frame, Wood
  • Current Zoning: RIP
  • Legal Description: SOUTH 58 FEET OF LOT 12 SECTION 5 CUTHBERT WARD
  • Legal Subdivision: Cuthbert Ward Sec 05
  • List Price Per Sq Ft: 166.77
  • Property Sub Type: Multi Building
  • Property Type: Multifamily
  • Year Built: 1900
  • Zoning Description: Commercial, Mixed Use, Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric, Range/Oven, Refrigerator, W/D Connection, Washer
  • Attic: Pull Down, Scuttle
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 12
  • Common Walls: 3 Commonwalls
  • Floors: Hardwood, Vinyl
  • Laundry: Dryer Connection, Kitchen, Laundry Room, Washer Connection
  • Total Sq Ft: 6746

Exterior Features

  • Exterior House: Balcony, Front Porch

Garage/Parking

  • Parking Description: Street Parking

Utilities

  • Cooling Type: Central, Heat Pump
  • Heating Type: Central
  • Num Cooling Units: 4
  • Num Heating Units: 4
  • Num Water Heaters: 4
  • Sewer: Public Sewer
  • Underground Utilities: Yes
  • Water: Public Water
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Property Management: Yes

Lot Info

  • List Price Per Acre: 13888888.89
  • Lot Description: City, Corner, Level
  • Lot Dimension: 58 x 61
  • Lot Num: 12
  • Lot Size Sq Ft: 3528
  • Num Acres: 0.0810
  • Parcel Number: 2-0044-20-003

Rental Info

  • Tenant Pays: Cable, Electric, Sewer, Trash, Water

Multi Family

  • Unit Count: 5

Range of Values:

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Average Value
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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
06/11/2020 06/11/20 Sold $925,000 -17.8% $137 / Sq Ft
04/01/2020 04/01/20 For Sale $1,125,000 +21.6% $167 / Sq Ft
03/31/2020 03/31/20 Off Market $925,000 -- --
03/26/2020 03/26/20 Price Changed $1,125,000 -2.1% $167 / Sq Ft
03/21/2020 03/21/20 For Sale $1,149,000 0.0% $170 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/07/2020 02/07/20 Price Changed $1,149,000 -2.2% $170 / Sq Ft
12/03/2019 12/03/19 Price Changed $1,175,000 -4.1% $174 / Sq Ft
11/12/2019 11/12/19 Price Changed $1,225,000 -2.0% $182 / Sq Ft
11/02/2019 11/02/19 Price Changed $1,250,000 -2.0% $185 / Sq Ft
09/24/2019 09/24/19 Price Changed $1,275,000 -1.5% $189 / Sq Ft
08/20/2019 08/20/19 Price Changed $1,295,000 -2.3% $192 / Sq Ft
07/16/2019 07/16/19 For Sale $1,325,000 +78.1% $196 / Sq Ft
08/28/2017 08/28/17 Sold $744,000 -38.0% $110 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
12/21/2016 12/21/16 For Sale $1,199,900 -- $178 / 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: 209890

Savannah Multi-List Corporation