Description
Investor opportunity in Savannah, GA! This brick duplex on a corner lot with a studio accessory dwelling is located just 1 mile east of Forsyth Park and 1.5 Miles from River Street. It features two units with 3 bedrooms and 2 bathrooms each, plus an efficiency unit at the rear for extra rental income. An additional lot, with the future possibility of an additional ADU, is also included or lot can be used as off street parking. All units are currently tenant occupied and have an attractive cash flow. Permitted renovations were done in 2020. HVAC, 3 water heaters and roof all new in 2022. Brand new electrical with new panel for all units in 2022. Sewer line from property completely replaced in June 2024. The property is situated in a growing neighborhood with renovations, new construction, and increasing rental demand. Listed under the appraised value! This is a prime chance to invest in Savannah's real estate market and capitalize on the potential of multiple rental units.
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7BEDS
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0.06ACRES
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5BATHS
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01/2 BATHS
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2,765SQFT
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$181$/SQFT
School Ratings & Info
Description
Investor opportunity in Savannah, GA! This brick duplex on a corner lot with a studio accessory dwelling is located just 1 mile east of Forsyth Park and 1.5 Miles from River Street. It features two units with 3 bedrooms and 2 bathrooms each, plus an efficiency unit at the rear for extra rental income. An additional lot, with the future possibility of an additional ADU, is also included or lot can be used as off street parking. All units are currently tenant occupied and have an attractive cash flow. Permitted renovations were done in 2020. HVAC, 3 water heaters and roof all new in 2022. Brand new electrical with new panel for all units in 2022. Sewer line from property completely replaced in June 2024. The property is situated in a growing neighborhood with renovations, new construction, and increasing rental demand. Listed under the appraised value! This is a prime chance to invest in Savannah's real estate market and capitalize on the potential of multiple rental units.
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