$1,400,000

Historic Income Producing Quadplex Near Forsyth Park

  • 11 Beds
  • 4 Baths
  • 5,670 Sqft
  • 6,970 Sqft lot
  • Updated: June 19

About the Property

Incredible investment opportunity in Savannah’s Eastern Victorian District surrounded by stately historic homes. Architecturally impressive corner lot property featuring TWO historic apartment buildings plus a detached brick storage building. Each building contains two apartments for a total of four residences including three 3 bedroom 1 bath units and one 2 bedroom 1 bath unit. Meticulously maint
Incredible investment opportunity in Savannah’s Eastern Victorian District surrounded by stately historic homes. Architecturally impressive corner lot property featuring TWO historic apartment buildings plus a detached brick storage building. Each building contains two apartments for a total of four residences including three 3 bedroom 1 bath units and one 2 bedroom 1 bath unit. Meticulously maintained and thoughtfully improved over time. Solid brick and stucco construction with beautiful historic character throughout including original heart pine floors, decorative fireplaces, original doors and moldings, and clawfoot tubs. Each apartment includes a spacious private storage unit. Large light filled apartments are bright airy and well equipped with appliances and modern conveniences. Freshly painted inside and out with updated lighting ceiling fans and window blinds. Each unit features private front and rear porches. All units separately metered for electric and water. Shady, secure landscaped backyard oasis and off street parking for each apartment. Strong rent roll with long term tenants in place producing over $100,000 annually. Located exactly one mile from Forsyth Park within walking distance to the new Laundry Diner with convenient access to Downtown Savannah and the Victory Drive shopping district. On behalf of our seller, we are pleased to offer a Buyer Broker Compensation of 2.4%.
  • Property type

    Other

  • Year built

    1915

  • Price/sqft

    $246

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923 E Park Avenue, Savannah, Georgia, United States View on Google Maps
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Jessica Kelly

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Jessica Kelly
United States
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9
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2024
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Engel & Völkers Savannah
Engel & Völkers Savannah
31404, Savannah, United States
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Last updated
June 19
First listed
Mar 18
Agent licence
Listing reference
SA350933
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