PHENOMENAL OPPORTUNITY WITH THIS PROPERTY IN AN AREA OF GREAT REVITALIZATION !! YOU MAY LIVE IN ONE UNIT AND RENT THE ADDITIONAL TWO UNITS AT MARKET RENT VALUE. THREE RESIDENCES FOR THE PRICE OF ONE $$$ CURRENTLY ALL 3 UNITS ARE OCCUPIED BY LONG TERM TENANTS FOR A MONTHLY INCOME STREAM OF $2,800. YOU CAN'T GO WRONG WITH THIS INVESTMENT !! Close proximity to downtown, SCAD, Enmarket Arena and the Georgia Ports. NO HOA FEES !! THE POSSIBILITIES ARE ENDLESS ! UNITS WERE REMODELED / UPDATED IN 2017 TO INCLUDE NEW ROOF, HVAC SYSTEMS, WATER HEATERS, ELECTRICAL, ETC.
Closed
$450,000
603 W 40th St, Savannah, GA 31415
6beds
2,640sqft
Triplex, Multi Family
Built in 1940
-- sqft lot
$541,900 Zestimate®
$170/sqft
$2,472 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 23, 2023 at 12:44pm
Listed by:
Noel Daoud 912-596-4909,
Re/Max Savannah
Bought with:
Sarah Sullivan, 419783
McIntosh Realty Team LLC
Source: Hive MLS,MLS#: 297294
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Oven, Range, Refrigerator
- Laundry: In Kitchen, Washer Hookup, Dryer Hookup
Features
- Basement: None
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total interior livable area: 2,640 sqft
Property
Parking
- Parking features: Garage, Parking Lot, Rear/Side/Off Street, On Street
Features
- Patio & porch: Porch
- Exterior features: Porch
- Fencing: Wood,Privacy,Yard Fenced
Lot
- Size: 6,882 sqft
- Features: Alley, Garden, Interior Lot, Level
Details
- Parcel number: 2007326010
- On leased land: Yes
- Lease amount: $975
- Land lease expiration date: 1701302400000
- Zoning: TR1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Foundation: Raised, Slab
- Roof: Asphalt
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Savannah
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,Other
- Ownership: Institution
- Road surface type: Paved