- For Sale $1,870,000
- Property Type Multi-Family
- Property Size 4,958 SF
- Units 4
- Lot Size 0.06 Acre
- Year Built 1870
- Date Updated Jan 23, 2025
Description
Historic SavannahRare opportunity for 4 non-owner occupied short-term vacation rental units in heart of the Landmark Historic District. This property boast Net Operating Income (NOI) of $100,000/year. "Downstairs"currently owner occupied & utilized as a 2 bed/ 2 bath suite w/ private access to deck & courtyard; its potential income was factored into NOI. Two auxiliary units, each with full kitchens located upstairs & include 2 beds/ 2 baths on the second level and a cozy studio on 3rd floor. An entirely separate cottage/ carriage house can be accessed from the lane and offers kitchen, living room and two beds & baths. Tandem parking off lane accommodates 2 cars. This well maintained home boasts strong rental history, good reviews and future income. It's sold turn key with exception of owner's suite and items in courtyard. Steps from Forsyth Park, restaurants & shopping
Highlights
- Historic Savannah Location
- Short Term Vacation Rental
- Strong Rental History
False
Contacts
Graham Sadler
HomeServices of America
Location
Located at 540 East Taylor Street, Savannah, GA 31401, this property is part of the Beach Institute neighborhood.
Contact Listing Broker
Graham Sadler
HomeServices of America