$999,999 846 E 37th Street Savannah, GA

MLS: 309652   Type: Multi-Family   County: Chatham   City: Savannah   Zip: 31401   Style: MultiFamily     Stories: 2

Mortgage $4,695 /mo



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Unique opportunity to own a large corner lot with three rental units in the heart of downtown...close to midtown, groceries, stores, and the beach. This property consists of a duplex with 3 beds/2 baths up and 2 beds/2 baths down; each including its own courtyard/yard with privacy fence and 2-3 off-street parking spaces. The duplex recently underwent a complete renovation including a new roof, HVAC, electrical, hot water heaters, kitchens, baths, and flooring. The third unit consists of a completely separate 4/5 bedroom single-family home with two baths. It is move-in ready and rentable as-is or someone can put their own touches on it and renovate further. It also has a new roof, large yard, and dedicated off-street parking. All three dwellings are on one PIN and can be subdivided by the new owner, if desired. Estimated income for all three units combined is $7500 per month/ $90,000 per year for excellent return on investment. Rental comps are available upon request.

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Price History

4/3/2024 Listed $999,999

Additional Parcels Y/N N
Appliances ElectricWaterHeater
Architectural Style Traditional
Attached Garage N
Carport Y/N N
City Savannah
Cooling CentralAir, Electric
County Chatham County
Directions Corner of Harmon and 37th
Expected Active Date 2024-04-03
Garage Spaces 0.0
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 LOTS 94, 95, 96 HARMON WARD
Listing Terms Cash, Conventional, Item1031Exchange
Lot Size Square Feet 7144.0
Mobilehomeremainsyn N
Modificationtimestamp 2024-04-17T14:06:12.393-00:00
New Construction N
Percent Ownership Homeowner/Owner
Postalcity Savannah
Private Pool N
Property Attached Y/N N
Property SubType MultiFamily
Property Type ResidentialIncome
Rent Control Y/N N
Senior Community Y/N N
Sewer PublicSewer
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name 37th
Tax Lot 94
Total Units 0
View Y/N N
Virtual Tour https://my.matterport.com/show/?m=cZ1cT1V7Upo&brand=0
Waterfront Y/N N
Year Built 1970

Interior Features

Air Conditioning Y/N Y
Basement (Y/N) N
Electric On Property Y/N N
Fireplace Y/N N
Full Baths 6
Half Baths 0
Heating Y/N Y
Livingareasource Plans
Street Suffix Street
Total Baths 6
Total Bedrooms 9
Total Stories 2

Exterior Features

Crops Included Y/N N
Fencing Wood
Horse Y/N N
Irrigation Water Rights Y/N N
Lot Size Acres 0.164
Lot Size Area 0.164
Lot Size Units Acres
Number of Pads 7
Open Parking Y/N N
Parking Features OffStreet
Spa N
Water Source Public

Property Schools

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Property vs Zip Code Avg (31401)

Price 999K Avg 1.32M

Sqr Feet 3,967 Avg 3,613

Cost / Sqr Ft $252 Avg $366

Acres 0.164 Avg 0.1

Visits 32 Avg 47

Days on Site 15 Avg 65

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Listed By: BHHS Bay Street Realty Group

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Location & Address

331 Tattnall St
Savannah , GA
(912) 335-5851