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  • $760,000

    123 E 55th St, Savannah, GA 31405

    6beds
    3,125sqft
    Duplex, Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $243/sqft
    $3,634 Estimated rent

    What's special

    Duplex 3/1 up and 3/1 down, plus 2 bonus glass porch areas per unit, 1 off the Kitchen and 1 off Living Room in each unit. Est completion 60 days ish. New roof, plumbing, electrical, AC, Spray foam in walls and attic, Kitchens, Baths. Windows and floors are currently being rebuilt/refinished. Rendering of kitchen is close, it will be side by side stainless fridge and appliances, Island will be turned sideways from rendering with Bar seating. Estimated income is at 84k a year for both units total, which gives an 11.2% Cap Rate long term rental. Time still allows buyer to pick wall color and floor stain for a very limited time. Cabinets and counters are already ordered and waiting to be installed after tile is laid in kitchens. Please note there is still a lot of work currently being done. Live in 1 rent the other to cover your mortgage or rent both for income production. Showing may start now but keep in mind this is an active construction zone. Nobody permitted without an Agent.

    Zillow last checked: 7 hours ago

    Listing updated: December 16, 2022 at 08:51am

    Listed by:

    Matthew Randolph 912-547-6635,

    Lighthouse Realty Professional

    Bought with:

    Linda Blakemore, 408518

    Vylla Home

    Source: Hive MLS,MLS#: 277067MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
    • Laundry: In Hall, Laundry Room
    Features
    • Ceiling Fan(s), Pull Down Attic Stairs, Fireplace
    • Flooring: Ceramic Tile, Hardwood, Tile, Wood
    • Attic: Pull Down Stairs
    • Has fireplace: Yes
    • Fireplace features: Decorative
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,125 sqft

    Property

    Lot
    • Size: 8,886 sqft
    • Features: City Lot, Public Road
    Details
    • Parcel number: 2009414004
    • Zoning: R6
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick, Wood Siding
    • Foundation: Raised
    • Roof: Asphalt
    Condition
    • Year built: 1923
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities
    Green energy
    • Energy efficient items: Insulation

    Community & neighborhood

    Community
    • Community features: Park, Street Lights, Sidewalks, Trails/Paths
    Location
    • Region: Savannah
    • Subdivision: Ardsley Park

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Investor
    • Road surface type: Asphalt
    Services availability