540 E Taylor Street Savannah, GA 31401
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
Interior Features
Dishwasher
Disposal
Microwave
Oven
Plumbed For Ice Maker
Range
Refrigerator
Washer
Exterior Features
Raised
Utility & Building Info
Heat Pump
Zoned
Heat Pump
Zone
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 |
Market Trends
Source: Constellation1