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506 E Anderson Street

Savannah, GA 31401
  • $970,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 307764
$970,000
  • 6
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,960
    SQFT
  • $328
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Attention Investors: An exceptional opportunity awaits at 506 East Anderson in the heart of Savannah, GA. This duplex combines modern amenities with historic charm, creating a turn-key, income-producing asset with undeniable appeal. Boasting 6 bedrooms, 3 bathrooms, and recent renovations, each unit features beautiful hardwood floors and is designed to maximize comfort and style. With two transferable STVR certificates and a 10.8% CAP rate, this property is a proven AirBnB favorite, offering immediate positive cash flow and a track record of high occupancy. The duplex comes complete with two parking spaces and is situated in an excellent location close to Historic Downtown Savannah, ensuring a continuous draw for short-term vacation renters. Seize the chance to own a piece of Savannah's history while enjoying the financial benefits of a well-established rental property. Don't miss out on this rare investment in one of the city's most desirable neighborhoods.

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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/148683137
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506 E Anderson Street Savannah, GA 31401

  • Price: $970,000
  • Status: Active
  • On Site: 32 Days
  • MLS #: 307764
6
Beds
3
Baths
0
½ Baths
0.07
Acres
2,960
SQFT
$328
$/SQFT
1900
Built
Neighborhood:
Historic Downtown Savannah
County:
Chatham
Area:
Savannah
Elementary School:
Schuman
Middle School:
Hubert
High School:
Liberal Studies
Property Description
Attention Investors: An exceptional opportunity awaits at 506 East Anderson in the heart of Savannah, GA. This duplex combines modern amenities with historic charm, creating a turn-key, income-producing asset with undeniable appeal. Boasting 6 bedrooms, 3 bathrooms, and recent renovations, each unit features beautiful hardwood floors and is designed to maximize comfort and style. With two transferable STVR certificates and a 10.8% CAP rate, this property is a proven AirBnB favorite, offering immediate positive cash flow and a track record of high occupancy. The duplex comes complete with two parking spaces and is situated in an excellent location close to Historic Downtown Savannah, ensuring a continuous draw for short-term vacation renters. Seize the chance to own a piece of Savannah's history while enjoying the financial benefits of a well-established rental property. Don't miss out on this rare investment in one of the city's most desirable neighborhoods.
Exterior Features

Architectural Style Victorian Construction Materials Brick Frame Masonite Wood Siding Exterior Features Balcony Porch Foundation Details Brick Mortar Raised Slab Garage YN No Parking Features Garage Off Street Rear Side Off Street On Street Patio And Porch Features Balcony Front Porch Porch Road Surface Type Paved Roof Asphalt Metal

Interior Features

Appliances Dishwasher Electric Water Heater Microwave Oven Range Dryer Refrigerator Washer Cooling Central Air Electric Cooling YN Yes Flooring Hardwood Tile Heating Central Electric Heating YN Yes Interior Features Ceiling Fans Laundry Features Washer Hookup Dryer Hookup In Hall

Property Features

Association YN No Inclusions Ceiling Fans Dryer Refrigerator Washer Listing Agreement Exclusive Right To Sell Listing Terms ARM Cash Conventional Item1031 Exchange Private Financing Available VALoan Lot Features Alley City Lot Public Road New Construction YN No Number Of Pads 2 Number Of Units In Community 2 Property Attached YN No Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Utilities Cable Available Underground Utilities Water Source Public Waterfront YN No Zoning Description Mixed use Multi Family Single Family

Listing courtesy of Robert Parker of Brand Name Real Estate, Inc: (843) 737-0708. © 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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24 New Orleans Road, Suite 210
Hilton Head SC, 29928