$1,870,000 7 BD 7 BA 3,847 SF

Property Description

Rare opportunity for 4 non-owner occupied short-term vacation rental units in heart of the Landmark Historic District. This property boast Net Operating Income (NOI) of $100,000/year. "Downstairs"currently owner occupied & utilized as a 2 bed/ 2 bath suite w/ private access to deck & courtyard; its potential income was factored into NOI. Two auxiliary units, each with full kitchens located upstairs & include 2 beds/ 2 baths on the second level and a cozy studio on 3rd floor. An entirely separate cottage/ carriage house can be accessed from the lane and offers kitchen, living room and two beds & baths. Tandem parking off lane accommodates 2 cars. This well maintained home boasts strong rental history, good reviews and future income. It's sold turn key with exception of owner's suite and items in courtyard. Steps from Forsyth Park, restaurants & shopping, it's expected to have continued appreciation and potential for increased income. Proforma & financials available upon request.

Property Features

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  •  0.06
  •  2614
  •  Playground
  •  5
    • Cash
    • Conventional
    • Exchang
  •  WEST 28 FEET OF LOT 8 DAVIS WARD EASEMENT REF: 42P 88 EASEMENT PRB 46P 1
  •  RM40
  •  0.00
  •  CableAvailable
  •  PublicSewer
  •  Public
  •  Click to View Virtual Tour
  • Exterior Features

    • PillarPostPier
    • Raised
  •  Wood
  •  Asphalt
  •  Composition
  •  SingleFamilyResidence
  •  Residential
  • Interior Features

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    • Dryer
    • Dishwasher
    • ElectricWaterHeater
    • Disposal
    • Microwave
    • Oven
    • PlumbedForIceMaker
    • Range
    • Refrigerator
    • Washer
    • Electric
    • HeatPump
    • Zoned
    • Electric
    • HeatPump
    • Zoned
  • Courtesy of Bhhs Bay Street Realty Group

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    Brooke Powell

    912.272.7575
    Keller Williams Coastal Area Partners

    540 E Taylor Street
    Savannah, 31401

    $1,870,000
    7 Beds / 7 Bath
    3847 Sq. Feet
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    540 E Taylor Street
    Savannah, 31401

    $1,870,000
    7 Beds / 7 Bath
    3847 Sq. Feet
    Click image to generate new verification code.