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    201 E 31st Street

    Savannah, GA 31401
    • $850,000
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 235861
    $850,000
    • 12
      BEDS
    • 0.14
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    • 4,281
      SQFT
    • $199
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    This 4,300 sq ft Victorian consists of twelve studio apartments. Current annual rent roll is $103,200. Monthly rents range from $600 for an unrenovated unit to $900 for a renovated unit. Each studio has its own bathroom and kitchenette. Utilities are included in the rents. The occupancy rate exceeds 95% annually. Property is conveniently located on the north edge of the Thomas Street Car neighborhood at the corner of Abercorn St and 31st St, right on the Abercorn St main bus line. A short walk to Forsyth Park, Starland District and the Bull Street retail corridor. Great property for new owner looking to continue the renovation plan and increase the annual rent roll to $120,000 with long term leases or furnish the units and create an extended stay to increase income even more. Don’t Miss your chance to get a great property.

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    © 2020 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Barker Team | RE/MAX Savannah. Real estate listings held by brokerage firms other than Barker Team | RE/MAX Savannah are marked with the name of the listing brokers. 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. Data last updated: 2020-10-24T00:07:43.81.
    www.barkerteamga.com/homes/110904818
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    201 E 31st Street Savannah, GA 31401

    • Price: $850,000
    • Status: Active
    • MLS #: 235861
    12
    Beds
    12
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,281
    SQFT
    $199
    $/SQFT
    1900
    Built
    Neighborhood:
    Victorian District
    County:
    Chatham
    Area:
    Savannah
    Property Description
    This 4,300 sq ft Victorian consists of twelve studio apartments. Current annual rent roll is $103,200. Monthly rents range from $600 for an unrenovated unit to $900 for a renovated unit. Each studio has its own bathroom and kitchenette. Utilities are included in the rents. The occupancy rate exceeds 95% annually. Property is conveniently located on the north edge of the Thomas Street Car neighborhood at the corner of Abercorn St and 31st St, right on the Abercorn St main bus line. A short walk to Forsyth Park, Starland District and the Bull Street retail corridor. Great property for new owner looking to continue the renovation plan and increase the annual rent roll to $120,000 with long term leases or furnish the units and create an extended stay to increase income even more. Don’t Miss your chance to get a great property.
    Exterior Features

    Architectural Style Victorian Carport Spaces 0 Carport YN No Exterior Features Courtyard Fencing PrivacyYard Fenced Foundation Details Raised Garage YN No Lot Size Dimensions 44X134 Parking Features On Street Road Responsibility Public Maintained Road Roof Asphalt

    Interior Features

    Accessibility Features None Appliances Electric Water HeaterOvenRangeRefrigerator Basement Crawl Space Cooling Central AirElectric Cooling YN Yes Fireplace Features Decorative Fireplace YN Yes Flooring Hardwood Heating CentralElectric Heating YN Yes Interior Features Pull Down Attic Stairs

    Property Features

    Association YN No Horse YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional1031 Exchange Lot Features AlleyCorner Lot New Construction YN No Number Of Pads 2 Number Of Units In Community 12 Property Attached YN No Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Standard Stories Total 2 Tax Annual Amount 5231 Tax Year 2017 Utilities Cable Available Water Source Public Waterfront YN No

    Listing courtesy of David T Mesaros of Keller Williams Realty Coastal Area Partners,Llc. © 2020 Savannah Multi-List Corporation. All rights reserved.
    © 2020 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Barker Team | RE/MAX Savannah. Real estate listings held by brokerage firms other than Barker Team | RE/MAX Savannah are marked with the name of the listing brokers. 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. Data last updated: 2020-10-24T00:07:43.81.
     
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