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405 E 56th Street

Savannah, GA 31405
  • $557,500
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 302422
Price Reduced
UPDATED: 59 min ago
$557,500
  • 4
    BEDS
  • 0.21
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,752
    SQFT
  • $203
    $/SQFT
Type:
Multi-Family
Built:
1942
County:
Area:

School Ratings & Info

Description

Investors and savvy homeowners, take note: Introducing a prime investment opportunity in a highly desirable location. This all-brick home offers an upper unit with 2 bedrooms and 1 bathroom, a lower unit with 1 bed and 1 bath, and the potential to convert the existing workshop room into a third unit. This property is perfectly positioned to generate steady long term rental income, or the close proximity to Habersham Village, Memorial & Candler Hospital makes it an ideal choice for families, traveling nurses and more. The demand for such accommodations is robust, and this property's location is a standout advantage. Projected rents $6,494/m or $77,928/yr as a long term rental. Whether you go after the long term rentals or capture the executive rental market 405 E 56th St offers a versatile and lucrative opportunity. Seize the chance to tap into the thriving rental market, and explore the potential this property holds. Your next profitable venture awaits!

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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: 2024-03-02T10:08:05.89.

www.homesonhiltonhead.com/homes/146525716
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405 E 56th Street Savannah, GA 31405

  • Price: $557,500
  • Status: Active
  • On Site: 51 Days
  • Updated: 59 min ago
  • MLS #: 302422
4
Beds
2
Baths
0
½ Baths
0.21
Acres
2,752
SQFT
$203
$/SQFT
1942
Built
County:
Chatham
Area:
Savannah
Property Description
Investors and savvy homeowners, take note: Introducing a prime investment opportunity in a highly desirable location. This all-brick home offers an upper unit with 2 bedrooms and 1 bathroom, a lower unit with 1 bed and 1 bath, and the potential to convert the existing workshop room into a third unit. This property is perfectly positioned to generate steady long term rental income, or the close proximity to Habersham Village, Memorial & Candler Hospital makes it an ideal choice for families, traveling nurses and more. The demand for such accommodations is robust, and this property's location is a standout advantage. Projected rents $6,494/m or $77,928/yr as a long term rental. Whether you go after the long term rentals or capture the executive rental market 405 E 56th St offers a versatile and lucrative opportunity. Seize the chance to tap into the thriving rental market, and explore the potential this property holds. Your next profitable venture awaits!
Exterior Features

Construction Materials Brick Garage YN No

Interior Features

Appliances Electric Water Heater 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 Item1031 Exchange Other Private Financing Available Property Attached YN No Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 416 Tax Year 2022 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: 2024-03-02T10:08:05.89.

 
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