$750,000
$775,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
1408 Abercorn ST Savannah, GA 31401
6 Beds
2 Baths
2,868 SqFt
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,868 sqft
Price per Sqft $261
Subdivision Victorian District
MLS Listing ID 316776
Sold Date 10/30/24
Style Victorian
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1900
Contingent Due Diligence
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Have you been looking for an INCREDIBLE Short-term Vacation Rental (STVR) investment opportunity in Downtown Savannah?! The wait is over- we have the BEST deal to hit the market in years! Huge duplex with super COVETED Non-Owner occupied STVR certificates in the Victorian District. It is currently under utilized as a 6 bedrooms/2 bathroom long-term rental to friends of the owner (so buyer is not paying the premium they would be with a few small tweaks). Projected income for a 3 bed/1 bath unit here would be $76,200 PER unit or $150k + per year for both. Want to make it a single family OR a quadplex? Easily doable! Historical tax credits for renovating? Totally! Currently features two 3 bed/1 bath unit. Low maintenance lot and porches galore! Conveniently located near dining, shopping, entertainment and SCAD. Take advantage of the thriving tourism industry in Savannah and turn this home into a lucrative income-generating asset.
Location
State GA
County Chatham
Community Park, Shopping, Street Lights, Sidewalks, Trails/Paths
Interior
Interior Features Ceiling Fan(s)
Heating Central, Electric
Cooling Central Air, Electric
Flooring Hardwood
Fireplaces Type Decorative
Fireplace Yes
Appliance Dishwasher, Electric Water Heater, Range, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Balcony, Porch, Patio
Parking Features On Street
Community Features Park, Shopping, Street Lights, Sidewalks, Trails/Paths
Utilities Available Cable Available
Water Access Desc Public
Roof Type Asphalt,Composition
Porch Balcony, Front Porch, Patio, Porch
Building
Lot Description City Lot, Public Road
Story 2
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Architectural Style Victorian
Others
Tax ID 2005318008
Ownership Investor
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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