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Address
201 E 31st Street Savannah, GA
Price
$ 800,000
Property Attributes
  • MLS#204590
  • TypeMulti-Family
  • CountyCHATHAM
  • CitySavannah
  • AreaCumming Ward
  • NeighborhoodVictorian District
  • Zip31401
  • StyleMulti Building
  • Year Built1900
  • Taxes5231
  • Price$ 800,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage4281
  • Lot Size5,924 SqFt
Listing Provided Courtesy Of:
Keller Williams Coastal Area Partners
Property Description

This 4,300 sq ft Victorian consists of twelve studio apartments. Current annual rent roll is $94,000. Monthly rents range from $600 for an unrenovated unit to $850 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.

Price History
4/3/2019 Listed $800,000

General Features

Ada Features None
Advertised Subdivision Victorian District
Construction Siding, Wood
Cooling Source Electric
Current Zoning RIP
Heating Source Electric
Listing Agent Public Id MESARODA
Lot Number 19
Property Description House
Property Sub Type Multi Building
Property Type Multifamily
Style Victorian
Subdivision Cumming Ward
Year Built 1900

Interior Features

Appliances Range/Oven, Refrigerator
Attic Pull Down
Basement Crawl Space
Beds Total 12
Cable Cable Ready
Cooling Central
Fireplace Features Non-Working
Floors Hardwood
Full Baths 12
Heating Type Central
Num Cooling Units 2
Total Baths 12.00
Total Numof Units 12
Unit Count 1
Water Heater Type Electric

Exterior Features

Exterior Lot Alley
Foundation Off Ground
Lot Description Corner
Lot Dimension 44X134
Lot Size Square Feet 5924
Num Building Stories 2.00000
Num Heating Units 2
Num Water Heaters 2
Parking Description Street Parking
Road Surface Cobblestone
Roof Asphalt
Sewer Public Sewer
Structure Updated
Total Numof Buildings 1
Water Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 31401

Price
AVG $1.1M
$800K
Taxes
AVG $2,869
$5,231
Visits
AVG 95
167
Year Built
AVG 1909
1900
Walkscore
AVG 87
88
Data Provided by Walkscore ® not using MLS data

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