$2,450,000 534 E Gwinnett Street Savannah, GA

MLS: 302728   Type: Commercial   County: Chatham   City: Savannah   Zip: 31401   Style: MultiFamily     Stories: 1   Taxes: $7,133

Mortgage $11,502 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

14

10

0

6,125

5,663

1860

Extremely rare opportunity to own 5 units with Garage Parking in the Landmark Historic District. 4 front units (3BD/2Bth per) w/ additional 5th unit Carriage Hse (2BD/2Bth). All have individual NON-OWNER OCCUPANT STVR CERTIFICATES, making for a potentially lucrative Real Estate investment. Originally constructed in 1860, the property has essentially been re-built from the ‘studs up’ during the last 15 years. All 5 units feature open concept Living / Kitchen Areas w/ private W/D closets, flooded with light, hi ceilings…. Upstairs units have private balconies and Dnstairs units have private Crtyard access. **534 & 536A E Gwinnett are active STVR. 536B & 538 E Gwinnett, along w/ 537 E. Hall Ln are yearly rentals w/ certificates in place** Just 4½ blocks to the heart of Forsyth Park w/ coffee houses, restaurants, and the Bull St. corridor at your front door! Scheduled bookings & furnishings can remain. Please Note: Seller to use proceeds for a 1031 tax exchange.

Elementary School

Middle School

High School

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Price History

1/28/2024 Listed $2,550,000
2/13/2024 4% - $2,450,000

Additional Parcels Y/N N
Appliances Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Oven, Range, Washer
Architectural Style Victorian
Attached Garage N
Carport Y/N N
City Savannah
Community Features StreetLights, Sidewalks
Construction Materials Frame, WoodSiding
Cooling CentralAir, Electric
County Chatham County
Current Use Other, Residential
Directions ON GWINNETT ST BETWEEN PRICE ST. AND EAST BROAD ST.
Expected Active Date 2024-01-28
Garage Y/N N
HOA / Comm Assn N
Heating Central, Electric
Home Warranty Y/N N
Land Lease Y/N N
Lease Considered Y/N N
Lease Renewal Y/N N
Legal Description LOT 26 AND WEST 5 FEET OF LOT 27 MERCER
Levels One
Lot Size Square Feet 5663.0
Mobilehomeremainsyn N
New Construction N
Occupancy Description Tenant
Ownerpays CommonAreaMaintenance, CableTV, Electricity, Insurance, Management, Sewer, Taxes, TrashCollection, Water
Percent Ownership Homeowner/Owner
Possession CloseOfEscrow
Private Pool N
Property Attached Y/N N
Property Sub Type Additional MultiFamily
Property SubType MultiFamily
Property Type CommercialSale
Rent Control Y/N N
Roof Asphalt
Senior Community Y/N N
Sewer PublicSewer
Special Listing Conditions Standard
Standard Status Active
Status Active
Stories 1
Street Name Gwinnett
Tax Annual Amount 7133.0
Tax Year 2023
Utilities CableAvailable
View Y/N N
Virtual Tour https://my.matterport.com/show/?m=1SvFzv2gBti&brand=0
Waterfront Y/N N
Year Built 1860
Zoning R-D
Zoning Description Multi Family, Single Family

Interior Features

Air Conditioning Y/N Y
Basement None
Basement (Y/N) N
Common Walls NoCommonWalls
Electric On Property Y/N N
Fireplace Y/N N
Flooring Hardwood
Full Baths 10
Half Baths 0
Heating Y/N Y
Laundry Features LaundryRoom
Livingareasource Assessor
Street Suffix Street
Total Baths 10
Total Bedrooms 14
Total Stories 2

Exterior Features

Crops Included Y/N N
Fencing Privacy, Wood
Foundation Details PillarPostPier
Horse Y/N N
Irrigation Water Rights Y/N N
Lot Size Acres 0.13
Lot Size Area 0.13
Lot Size Units Acres
Number of Lots 1
Number of Separate Electric Meters 5
Number of Separate Water Meters 5
Open Parking Y/N N
Road Responsibility PublicMaintainedRoad
Road Surface Type Paved
Spa N
Total Parking 4.0
Water Source Public

Property Schools



Direct Link:

https://www.savannahrealestatecompany.com/property/52-302728-534-e-gwinnett-street-savannah-GA-31401

Gallery (50 photos)

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Property vs Zip Code Avg (31401)

Price 2.45M Avg 2.38M

Sqr Feet 6,125 Avg 4,638

Cost / Sqr Ft $400 Avg $514

Taxes $7,133 Avg $8,672

Acres 0.13 Avg 0.16

Visits 12 Avg 56

Days on Site 26 Avg 175

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Listed By: Seabolt Real Estate




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Location & Address

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