846 E 37th St, Savannah, GA 31401

$750,000
9
BD
6
BA
3,967
SqFt

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Sold Price
$750,000
List Price
$950,000
Status
CLOSED
Days on Market
50
Closing Date
Dec 17, 2024
MLS#
SA309652
Subtype
Residential Income
Style
Traditional
Year Built
1970
Bedrooms
9
Bathrooms
6
Full Baths
6
Living Area
3,967
Lot Size
7,144
Acres
0.16

Property Description

Unique opportunity to own a large corner lot with three rental units in the heart of downtown...close to midtown, groceries, stores, and the beach. This property consists of a duplex with 3 beds/2 baths up and 2 beds/2 baths down; each including its own courtyard/yard with privacy fence and 2-3 off-street parking spaces. The duplex recently underwent a complete renovation including a new roof, HVAC, electrical, hot water heaters, kitchens, baths, and flooring. The third unit consists of a completely separate 4/5 bedroom single-family home with two baths. It is move-in ready and rentable as-is or someone can put their own touches on it and renovate further. It also has a new roof, large yard, and dedicated off-street parking. All three dwellings are on one PIN and can be subdivided by the new owner, if desired. Estimated income for all three units combined is $7500 per month/ $90,000 per year for excellent return on investment. Rental comps are available upon request.

Additional Information

Property Description
Traditional
Appliances
Electric Water Heater
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Parking Features
Off Street

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Calculator source: Real Geeks

Listing courtesy of BHHS Bay Street Realty Group. Selling Office: Re/Max Accent.