1203 E 33rd St, Savannah, GA 31404

$580,000
5
BD
3
BA
2,266
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$580,000
List Price
$580,000
Status
CLOSED
Days on Market
33
Closing Date
May 17, 2024
MLS#
SA307090
Subtype
Residential Income
Year Built
1916
Bedrooms
5
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,266
Lot Size
7,928
Acres
0.18

Property Description

Discover an incredible fully renovated duplex situated in a prime location, offering enticing rental income potential. Positioned within close proximity to downtown Savannah & its attractions, SCAD, minutes to memorial hospital & more, this property caters to diverse rental audience, ensuring high occupancy rates & sustained profitability. Its features a new roof, granite counter tops, new bathrooms and original Victorian touches, guarantee both contemporary comfort and timeless appeal. You have a 2 bd 1.5 bath & a 3 bd 1 bath with a bonus room that can be a 4th bedroom. Backed by the area's upward trajectory & increasing rental rates, investors can anticipate substantial returns, with conservative projected rents of $50,400/yr and a robust cap rate of 8%. Huge opportunity as the furnished rental market grows tremendously. Tailored to multifamily property investors seeking a turnkey investment in Savannah's dynamic real estate landscape.

Additional Information

Zoning
R4
Appliances
Electric Water Heater
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Roof
Asphalt

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Coastal Area P. Selling Office: LUXE REAL ESTATE SERVICES LLC.