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1203 E 33rd Street

Savannah, GA 31404
  • $580,000
  • STATUS: Pending
  • ON SITE: 44 Days
  • MLS #: 307090
Pending
$580,000
  • 5
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,266
    SQFT
  • $256
    $/SQFT
Type:
Multi-Family
Built:
1916
County:
Area:

School Ratings & Info

Description

Discover an incredible fully renovated duplex situated in a prime location, offering enticing rental income potential. Positioned within close proximity to downtown Savannah & its attractions, SCAD, minutes to memorial hospital & more, this property caters to diverse rental audience, ensuring high occupancy rates & sustained profitability. Its features a new roof, granite counter tops, new bathrooms and original Victorian touches, guarantee both contemporary comfort and timeless appeal. You have a 2 bd 1.5 bath & a 3 bd 1 bath with a bonus room that can be a 4th bedroom. Backed by the area's upward trajectory & increasing rental rates, investors can anticipate substantial returns, with conservative projected rents of $50,400/yr and a robust cap rate of 8%. Huge opportunity as the furnished rental market grows tremendously. Tailored to multifamily property investors seeking a turnkey investment in Savannah's dynamic real estate landscape.

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© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Island Realty. Real estate listings held by brokerage firms other than RE/MAX Island Realty are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-04-04T00:08:11.133.

www.homesonhiltonhead.com/homes/148307838
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1203 E 33rd Street Savannah, GA 31404

  • Price: $580,000
  • Status: Pending
  • On Site: 44 Days
  • MLS #: 307090
5
Beds
2
Baths
1
½ Baths
0.18
Acres
2,266
SQFT
$256
$/SQFT
1916
Built
County:
Chatham
Area:
Savannah
Property Description
Discover an incredible fully renovated duplex situated in a prime location, offering enticing rental income potential. Positioned within close proximity to downtown Savannah & its attractions, SCAD, minutes to memorial hospital & more, this property caters to diverse rental audience, ensuring high occupancy rates & sustained profitability. Its features a new roof, granite counter tops, new bathrooms and original Victorian touches, guarantee both contemporary comfort and timeless appeal. You have a 2 bd 1.5 bath & a 3 bd 1 bath with a bonus room that can be a 4th bedroom. Backed by the area's upward trajectory & increasing rental rates, investors can anticipate substantial returns, with conservative projected rents of $50,400/yr and a robust cap rate of 8%. Huge opportunity as the furnished rental market grows tremendously. Tailored to multifamily property investors seeking a turnkey investment in Savannah's dynamic real estate landscape.
Exterior Features

Construction Materials Brick Vinyl Siding Roof Asphalt

Interior Features

Appliances Electric Water Heater Common Walls No Common Walls Cooling Central Air Electric Cooling YN Yes Heating Central Electric Heating YN Yes

Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Item1031 Exchange FHA Private Financing Available VALoan Number Of Units In Community 2 Other Structures Storage Property Attached YN Yes Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 76 Tax Year 2023 Utilities Underground Utilities Water Source Public Waterfront YN No

Listing courtesy of Brandon Fargo of Keller Williams Coastal Area P: 912-356-5001. © 2024 Savannah Multi-List Corporation. All rights reserved.


© 2024 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Island Realty. Real estate listings held by brokerage firms other than RE/MAX Island Realty are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-04-04T00:08:11.133.

 
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Hilton Head SC, 29928