$1,070,000 8 T.s. Chu Terrace Tybee Island, GA

MLS: 240101   Type: Multi-Family   County: Chatham   City: Tybee Island   Area: Beachwalk   Neighborhood: Beachwalk   Zip: 31328   Style: Bungalow,Cape Cod     Stories: 2   Taxes: $6,775

Mortgage $5,023 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

6

5

0

2,640

5,663

1930

Unique opportunity to own a renovated 5 unit multi family, historic property steps away from Tybee's famous "South End" beachfront. Exceptional location within walking distance to restaurants, shopping, bars, the famous Tybee Pier and 17th Street beach crossover. The building went through a full historic renovation in 2014 and it sold turnkey to a new owner. The property offers excellent parking, handicap accessible, building fully sprinkled, metal roof, newer HVAC units, and is zoned commercial. The property is currently an active vacation rental. The building consists of (4) 1 Bd/1Ba units and (1) 2Bd/1Ba unit with extensive porches for enjoying the summer breezes for each unit. Ideal for an investor or a live on site property owner that manages the remaining units for additional income. These opportunities rarely become available with such a turnkey property and ideal beachside location.

Elementary School

Middle School

High School

Maritime
Distance: N/A Miles
Coastal
Distance: 8.14 Miles
Islands
Distance: 8.14 Miles

Price History

1/7/2021 Listed $1,070,000

Accessibility Accessible Approach with Ramp
Appliances Dishwasher, Electric Water Heater, Microwave, Oven, Range, Dryer, Refrigerator, Washer
Architectural Style Bungalow, Cape Cod
Association Y/N No
Building Name BeachWalk
Community Features Shopping
Construction Materials Block, Wood Siding
Cooling Central Air, Electric
Electric 110 Volts
Elementary School Maritime
Exterior Features Balcony, Covered Patio, Deck, Outdoor Grill, Porch
Flooring Tile, Wood
Garage Y/N No
Heating Central, Electric
High School Islands
Interior Features Ceiling Fan(s)
Middle/Junior High School Coastal
Other Structures Storage
Patio/Porch Features Balcony, Covered, Deck, Front Porch, Patio, Porch
Property Attached Y/N No
Property SubType Multi Family
Property Type Residential Income
Roof Metal
Sewer Public Sewer
Subdivision Name BeachWalk
Terms Cash, Conventional, 1031 Exchange
Total Units 1
Utilities Cable Available, Underground Utilities
Zoning C1
Zoning Description Commercial, Multi Family

Interior Features

Air Conditioning Y/N Yes
Full Baths 5
Half Baths 0
Heating Y/N Yes
Laundry Features Other
Living Area 2640
Total Baths 5
Total Bedrooms 6

Exterior Features

Fencing Wood, Yard Fenced
Foundation Details Block
Horse Y/N No
Lot Dimensions 80W X 70L
Lot Features Interior Lot, Level
Lot Size Acres 0.13
Lot Size Area 0.13
Lot Size Square Feet 5663
Lot Size Units Acres
Number of Buildings 1
Number of Lots 1
Number of Pads 5
Road Surface Type Asphalt
Roadresponsibility Public Maintained Road
Water Source Public
Waterfront Y/N No

Property Schools



Direct Link:

https://www.savannahrealestatecompany.com/property/52-240101-8-Ts-Chu-Terrace-Tybee-Island-GA-31328

Gallery (50 photos)

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Property vs Zip Code Avg (31328)

Price 1.07M Avg 810K

Sqr Feet 2,640 Avg 2,100

Cost / Sqr Ft $405 Avg $386

Taxes $6,775 Avg $5,081

Acres 0.13 Avg 0.19

Visits 24 Avg 34

Days on Site 12 Avg 78

Walkscore® 37 Avg 39

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Waterline Real Estate Group LLC




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Location & Address

SavannahRealEstate.com
331 Tattnall St
Savannah , GA
912-662-8242
(912) 335-5851