1314 2nd Ave, Tybee Island, GA 31328
- $1,075,000
- 5
- BD
- 3
- BA
- 3,024
- SqFt
- Sold Price
- $1,075,000
- List Price
- $1,150,000
- Status
- CLOSED
- Days on Market
- 139
- Closing Date
- Feb 21, 2025
- MLS#
- SA317037
- Subtype
- Residential Income
- Style
- Traditional
- Year Built
- 1930
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,024
- Lot Size
- 4,748
- Acres
- 0.11
Property Description
This exceptional investment opportunity on Tybee Island features a multi-unit property with impressive rental potential. The upper unit is a 3/2, recently rented for $3,500 per month, boasts heart pine floors, crown molding, and a luxurious master suite with private outdoor spaces. The lower unit is a 2/2 commanding a steady $2,200 per month, contributing to a robust pro forma annual income. Both units share access to a beautifully landscaped backyard with an outdoor shower and a deck, enhancing tenant appeal. Just blocks from the beach, this property promises a steady stream of rental demand, making it an ideal acquisition for investors seeking to capitalize on Tybee Island's vibrant rental market.
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Additional Information
- Property Description
- Traditional
- Zoning
- R2
- Appliances
- Electric Water Heater
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
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Listing courtesy of Keller Williams Coastal Area P. Selling Office: Keller Williams Coastal Area P.