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505 E Mcdonough Street

Savannah, GA 31401
  • $1,375,000
  • STATUS: Active Under Contract
  • ON SITE: 15 Days
  • MLS #: 285238
Under Contract
UPDATED: 59 min ago
$1,375,000
  • 5
    BEDS
  • 0.03
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $430
    $/SQFT
Type:
Multi-Family
Built:
1970
County:
Area:

School Ratings & Info

Description

Fully furnished, turnkey vacation rental in the heart of the Landmark Historic District in Downtown Savannah! This three-unit property is currently generating an average of $135,000+ in annual gross income. Currently have 3 STVR licenses in place - one for each unit. Unique character in the details of this property including hardwood floors, a fireplace in each living room, deep moldings, and large windows. Each unit was renovated in 2016 offering modern conveniences, updated finishes, and newer appliances. Additionally, there are plenty of off-street parking spaces directly in front of the property making it convenient for guests. Don't miss out on this rare opportunity

Monthly Payment Calculator



© 2023 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 NorthGroup Real Estate. Real estate listings held by brokerage firms other than NorthGroup Real Estate 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: 2023-03-25T12:08:04.057.

www.homesofcoastalgeorgia.com/homes/137576417
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505 E Mcdonough Street Savannah, GA 31401

  • Price: $1,375,000
  • Status: Active Under Contract
  • On Site: 15 Days
  • Updated: 59 min ago
  • MLS #: 285238
5
Beds
4
Baths
0
½ Baths
0.03
Acres
3,200
SQFT
$430
$/SQFT
1970
Built
County:
Chatham
Area:
Savannah
Property Description
Fully furnished, turnkey vacation rental in the heart of the Landmark Historic District in Downtown Savannah! This three-unit property is currently generating an average of $135,000+ in annual gross income. Currently have 3 STVR licenses in place - one for each unit. Unique character in the details of this property including hardwood floors, a fireplace in each living room, deep moldings, and large windows. Each unit was renovated in 2016 offering modern conveniences, updated finishes, and newer appliances. Additionally, there are plenty of off-street parking spaces directly in front of the property making it convenient for guests. Don't miss out on this rare opportunity
Exterior Features

Exterior Features Courtyard Fencing PrivacyYardfenced Roof Composition

Interior Features

Appliances DishwasherElectricwaterheaterMicrowaveOvenRangeRefrigerator Common Walls Item1CommonWall Cooling CentralairElectric Cooling YN Yes Flooring Wood Heating CentralElectric Heating YN Yes Laundry Features InBathroom

Property Features

Association YN No Listing Agreement Exclusiverighttosell Listing Terms CashConventionalItem1031exchange Number Of Units In Community 3 Property Attached YN Yes Property Sub Type Triplex Sewer Publicsewer Special Listing Conditions Standard Tax Annual Amount 9614 Tax Year 2022 Water Source Public Waterfront YN No

Listing courtesy of Amy Schuman of Schuman Signature Realty Llc: (912) 410-9119. © 2023 Savannah Multi-List Corporation. All rights reserved.


© 2023 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 NorthGroup Real Estate. Real estate listings held by brokerage firms other than NorthGroup Real Estate 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: 2023-03-25T12:08:04.057.

 
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NorthGroup Real Estate
233 Arnold Mill Rd, Ste 300
Woodstock GA, 30188