• 405 E 56th Street Savannah, GA 31405

  • $510,000
  • 4
    Bed(s)
  • 2
    Baths
  • 2,752
    Sq Ft
  • 0.207
    Acre

Investors and savvy homeowners, take note: Introducing a prime investment opportunity in a highly desirable location. This all-brick home offers an upper unit with 2 bedrooms and 1 bathroom, a lower unit with 1 bed and 1 bath, and the potential to convert the existing workshop room into a third unit. This property is perfectly positioned to generate steady long term rental income, or the close proximity to Habersham Village, Memorial & Candler Hospital makes it an ideal choice for families, traveling nurses and more. The demand for such accommodations is robust, and this property's location is a standout advantage. Projected rents $6,494/m or $77,928/yr as a long term rental. Whether you go after the long term rentals or capture the executive rental market 405 E 56th St offers a versatile and lucrative opportunity. Seize the chance to tap into the thriving rental market, and explore the potential this property holds. Your next profitable venture awaits!

Property Type :

ResidentialIncome

Subdivision :

North Ranch Estates

County :

Chatham County

Style :

ResidentialIncome

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Property Details

 

Bedroom Information

Total beds : 4

Bathroom Information

Total Baths: 2

Full Baths: 2

Interior Features

Appliances : ElectricWaterHeater

Heating & Cooling

Has Heating: Yes

Heating: Central,Electric

Has Cooling: Yes

Cooling: CentralAir,Electric

Building Information

Year Built: 1942

Construction Materials : Brick

Private Pool : No

Lot Information

Main Square Feet: 0.207

Lot Size Acres: 0.207

Lot Size Square Feet: 9017

Listing Price Information

Original List Price: $510000

Cash,Item1031Exchange,Other,PrivateFinancingAvailable

Tax Information

Parcel Number: 2009607003

Tax Lot: 5

Tax Year: 2022

Annual Tax: $416

Tax Legal Desc: LTS 5, 6 & PT OF LT 7 BLK 7 NUGENT WARD

Location Information

Direction: Headed South on Abercorn from HWY 80 Victory dr, turn left on 56th st. Pass Reynolds, home on right sign in yard.

WaterSource: Public

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
405 E 56th Street, Savannah, GA,31405 $569,700 3 2 2,752 0.207 Acre
116 E 66th Street, Savannah, GA,31405 $439,900 3 3 1,450 0.21 Acre
Pickens Street, Savannah, GA,31405 $95,000 -- -- -- 0.2 Acre
LOT33-35 BLK 36 Marion .., Savannah, GA,31405 $95,000 -- -- -- 0.21 Acre
302 E 46th Street, Savannah, GA,31405 $2,300,000 7 6 9,595 0.22 Acre
1018 W 45th Street, Savannah, GA,31405 $75,000 3 1 1,253 0.072 Acre
209 E 65th Street, Savannah, GA,31405 $435,000 3 2 1,223 0.207 Acre
209 E 65 Streets, Savannah, GA,31405 $449,999 3 1 1,223 0.207 Acre
302 E 46th Street, Savannah, GA,31405 $2,300,000 7 6 9,595 0.22 Acre
6 Jasmine Crossing, Savannah, GA,31405 $375,000 3 3 1,902 0.06 Acre

Copyright © 2024 by the Multiple Listing Service of the Savannah Area REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Savannah Area REALTORS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/17/2024 @ 14:46

MLS: 302422
LISTED BY: Brandon Fargo, Keller Williams Coastal Area P
SOURCE: Savannah Multi-List Corporation
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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