NOT LISTED FOR SALE
5 Beds
4 Baths
4,920 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: September 15, 2017

Last sale price $1,525,000 $310 Per Sq Ft

16 Days on Market

Highlights

  • Tennis Courts
  • Cooling Available
  • Property is near schools and shops
  • Savannah Arts Academy Rated A+
  • Park
  • 2-minute walk to Columbia 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 228 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

BHHS Bay Street Realty Group License #213896 Listed on: 06/29/2017

BHHS Bay Street Realty Group

Last Buyer's Agent

Bradford Moody

BHHS Bay Street Realty Group License #213896 Listed on: 06/29/2017

BHHS Bay Street Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1883

Lot Details

  • 2,614

Home Design

  • Slab Foundation

Additional Features

  • Lot Dimensions are 31x90
  • Property is near schools and shops
  • Cooling Available

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Year Built

1883

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Class: Multifamily
  • Property Type: Multifamily
  • Multi Type: Apartments (5+ Units)
  • Geo Address Line: 224 E Oglethorpe Ave
  • Geo Longitude: -81.08981
  • Geo Primary City: Savannah
  • Geo Quality: 0.95
  • Geo Secondary City: Chatham
  • Geo Subdivision: GA
  • Geo Update Timestamp: 09/15/2017
  • Geo Zoom Level: 16
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1883

Interior Features

  • Basement: Slab/None
  • Stories: Over 2 Stories, Multi - Level

Exterior Features

  • Construction: Brick/Frame
  • Construction: Resale

Utilities

  • Water/Sewer: Public Water
  • Cooling Type: Central
  • Heating Type: Central

Association/Amenities

  • Amenities: Neighborhood Association, Park, Playground, Sidewalks, Street Lights, Tennis Courts, Walk To Schools, Walk To Shopping

Lot Info

  • Lot Dimensions: 31x90

Multi Family

  • Total Units: 9
  • Utility Billing: Electricity Ind. Meters
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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 List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $1,525,000 -4.7% $310 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $1,600,000 -- $325 / Sq Ft
Source: Georgia MLS

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8222054

Georgia MLS
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