540 E Taylor Street Savannah, GA 31401
7 bed / 7 bath / 3,847 Sq. Ft. / 2,614 Sq. Ft., 0.06 acres lot size / Multi-Family
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Rare 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, it's expected to have continued appreciation and potential for increased income. Proforma & financials available upon request.
property details
Type
Multi-Family
Status
Active
County
Chatham
Year Built
1870
Beds
7
Full Baths
7
Sq. Ft.
3,847
Lot Size
2,614 Sq. Ft., 0.1 acres
Listing Id
314916
Courtesy Of
Heather Booth - BHHS Bay Street Realty Group +1 912 401 9401
List Office Phone
+1 (912) 355-4171
Interior Features
Interior Amenities
Furnished
Appliances
Dryer
Dishwasher
Disposal
Microwave
Oven
Plumbed For Ice Maker
Range
Refrigerator
Washer
Dishwasher
Disposal
Microwave
Oven
Plumbed For Ice Maker
Range
Refrigerator
Washer
Flooring
Hardwood
Carpet
Carpet
Living Area Units
Sq. Ft.
Full Baths
7
Bathrooms Total
7
Exterior Features
Roof
Composition
Foundation
Pillar/Post/Pier
Raised
Raised
Stories
3
Utility & Building Info
Sewer
Public Sewer
Parcel Number
2003301023
Cooling
Electric
Heat Pump
Zoned
Heat Pump
Zoned
Water Source
Public Water
Heating
Electric Heating
Heat Pump
Zone
Heat Pump
Zone
Building Area Total
3,847 Sq. Ft.
Price Per Sq Ft
$486
Architectural Style
Traditional
3+ Story
3+ Story
Price History
| date | event | price | source |
|---|---|---|---|
|
07/22/2024
07/22/2024
|
Active |
$1,870,000
|
Savannah Board of Realtors |
|
07/16/2024
07/16/2024
|
Active |
$1,850,000
|
Savannah Board of Realtors |
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Market Trends
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