1236 E 40th St, Savannah, GA 31404

Incredible opportunity to own a turnkey duplex in Savannah's up and coming Live Oak neighborhood! 1236 E 40th St is currently generating $4,000/mo in gross rental income between a 3/2 main house at $2,500, a studio at $1,200, and a storage unit/garage at $300. The 3/2 lease expires 8/31 so you can owner-occupy or place your own tenant. This location is awesome - steps to Daffin Park, easy bicycle ride to downtown, two blocks from the new Waters Cafe and other just completed commercial redevelopments along the Waters Ave corridor, 20 minutes by car to Tybee Island and less than ten minutes to the hospitals. All of the residential and commercial redevelopment happening in this neighborhood means you can sleep well at night knowing that the value of your investment will be appreciating faster than most areas in the city, and brand new roof will lower your expenses over the coming years! Owner is a licensed real estate agent in Georgia.