$510,000 $2,738 est/mo Sourced by Back At You

405 E 56th Street,Savannah, GA 31405

Savannah GA, 31405

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Description

Investors and savvy homeowners, take note: Introducing a prime investment opportunity in a highly desirable location. This all-brick home offers an upper unit with 2 bedrooms and 1 bathroom, a lower unit with 1 bed and 1 bath, and the potential to convert the existing workshop room into a third unit. This property is perfectly positioned to generate steady long term rental income, or the close proximity to Habersham Village, Memorial & Candler Hospital makes it an ideal choice for families, traveling nurses and more. The demand for such accommodations is robust, and this property's location is a standout advantage. Projected rents $6,494/m or $77,928/yr as a long term rental. Whether you go after the long term rentals or capture the executive rental market 405 E 56th St offers a versatile and lucrative opportunity. Seize the chance to tap into the thriving rental market, and explore the potential this property holds. Your next profitable venture awaits!

Details

MLS#302422
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1942
Days On Site135
Listing Provided ByKeller Williams Coastal Area P | Brandon Fargo

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,752
Story(s)2
ZoningR6
Acreage0.21

Market Activity 31405

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Savannah Area Realtors.

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Learn More About This Property

StateGA
CountyChatham County
CitySavannah
Zip Code31405
Listing VS Median (in 31405)
Price:
$510,000
low | high
Med:
$369,000
77.647058823529% of Average
SqFt:
2,752
low | high
Med:
1,492
95.78488372093% of Average
$ / SqFt:
$185
low | high
Med:
$247
16.54470903643% of Average
On Site:
135
low | high
Med:
36.000000
100% of Average
Sourced by Back At You
Listing Updated: May 23, 2024 at 9:12:36 AM PDT