Active

720 Waters Avenue

Savannah, GA 31404
Mark as Favorite
Bed 4

Bed

Bath 2

Bath

SqFt1,268

Sqft

Acres0.05

Acre(Lot)

Welcome to 720 Waters Ave, a fully leased legal duplex in the heart of Savannah, GA! This turnkey investment property is a rare find for real estate investors and house hackers searching for multi-family homes for sale in Savannah, offering 4 bedrooms and 2 bathrooms total across two separate units. This income-producing rental property is already generating $38,400 in gross annual rental income, with both units occupied and cash flowing from day one of ownership. Step inside to find an updated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, wide-plank flooring throughout, and a fully renovated bathroom with a marble tile surround. Both units offer in-unit washer and dryer connections for added convenience, a rare perk for a Savannah rental prope rty. Unit 720A is leased month-to-month at $1,600/month. Unit 720B is secured on a fixed lease through April 2027 at $1,600/month, with immediate cash flow and no vacancy risk to start. Outside, enjoy a classic covered front porch perfect for rocking chairs and Savannah evenings, plus offstreet parking for both units. Whether you're a seasoned investor building a rental portfolio, or a first-time buyer exploring house hacking in Savannah, this fully occupied duplex checks every box. Schedule your private showing today, income-producing multi-family homes like this in Savannah don't last long!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $405,000

AD Id : 88095313

MLS Id : SA360346

Beds : 4

Lot Size : 0.05 Acre

Living Area Size : 1,268

Year Built : 1914

County : Chatham

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Basement: Crawl Space
  • Flooring Information

    Vinyl
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: Dishwasher, Electric Water Heater, Refrigerator Laundry Features: Washer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1914 Patio And Porch Features: Front Porch Private Pool: No

  • Lot Information

    Main Square Feet: 0.045 Acres Lot Size Acres: 0.045 Lot Size Square Feet: 1960 Lot Description: City Lot

  • Listing Price Information

    Listing Price: $405000 Cash, Conventional, 1031 Exchange, FHA, VA Loan

  • Tax Information

    Parcel Number: 2003429015 Tax Year: 2023 Annual Tax: $1544

  • Parking Information

    Off Street

  • Location Information

    Direction: Waters just off of Gwinnett WaterSource: Public
Sell a home like this and save $23,801 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2301 Alaska Street, Savannah, GA, 31404 $340,000 4 2 1,451 1,451 SqFt
2203 Skidaway Road, Savannah, GA, 31404 $620,000 2 3 2,952 2,952 SqFt
200 Kinzie Avenue, Savannah, GA, 31404 $574,900 4 3 2,156 2,156 SqFt
2203 Delesseps Avenue, Savannah, GA, 31404 $415,000 6 3 2,440 2,440 SqFt
8-10 Mastick Street, Savannah, GA, 31404 $715,000 6 6 3,281 3,281 SqFt
2101 Oakland Court #A B, Savannah, GA, 31404 $299,950 4 2 2,282 2,282 SqFt
2108 E 65th Street, Savannah, GA, 31404 $474,900 5 3 2,699 2,699 SqFt
1309 E Anderson Street, Savannah, GA, 31404 $450,000 4 2 2,112 2,112 SqFt
2009 Ash Street, Savannah, GA, 31404 $199,900 2 2 1,931 1,931 SqFt
1207 E Bolton Street, Savannah, GA, 31404 $305,000 4 2 2,254 2,254 SqFt

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 07/26/2026 @ 00:18

MLS: SA360346 LISTED BY: Shannee Theus, Keller Williams Coastal Area P SOURCE: Hive MLS (North Carolina Regional)

Homes around $405,000

Selling? Save $23,801 when you sell a home like this

Tour with a ByOwner Agent