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.
Property Type :
ResidentialIncome
Subdivision :
Timberwood Park
County :
Chatham County
Style :
ResidentialIncome
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ByOwner last updated this listing 04/29/2024 @ 19:27
MLS: 307090
LISTED BY: Brandon Fargo, Keller Williams Coastal Area P
SOURCE: Savannah Multi-List Corporation
Buyer Agency Compensation: 2.4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
