1408 Abercorn St, Savannah, GA 31401
- $750,000
- 6
- BD
- 2
- BA
- 2,868
- SqFt
- Sold Price
- $750,000
- List Price
- $775,000
- Status
- CLOSED
- Days on Market
- 41
- Closing Date
- Oct 30, 2024
- MLS#
- SA316776
- Subtype
- Residential Income
- Style
- Victorian
- Year Built
- 1900
- Bedrooms
- 6
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,868
- Lot Size
- 2,614
- Acres
- 0.06
- Subdivision
- Victorian District
- Neighborhood
- Victorian District
Property Description
Have you been looking for an INCREDIBLE Short-term Vacation Rental (STVR) investment opportunity in Downtown Savannah?! The wait is over- we have the BEST deal to hit the market in years! Huge duplex with super COVETED Non-Owner occupied STVR certificates in the Victorian District. It is currently under utilized as a 6 bedrooms/2 bathroom long-term rental to friends of the owner (so buyer is not paying the premium they would be with a few small tweaks). Projected income for a 3 bed/1 bath unit here would be $76,200 PER unit or $150k + per year for both. Want to make it a single family OR a quadplex? Easily doable! Historical tax credits for renovating? Totally! Currently features two 3 bed/1 bath unit. Low maintenance lot and porches galore! Conveniently located near dining, shopping, entertainment and SCAD. Take advantage of the thriving tourism industry in Savannah and turn this home into a lucrative income-generating asset.
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Additional Information
- Interior Features
- Ceiling Fans
- Exterior Features
- Balcony
- Property Description
- Victorian
- Flooring
- Hardwood
- Appliances
- Dishwasher, Electric Water Heater, Range, Refrigerator
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Roof
- Asphalt, Composition
- Foundation
- Pillar/Post/Pier
- Parking Features
- On Street
Mortgage Calculator
Listing courtesy of Six Bricks LLC. Selling Office: Re/Max Accent.