$740,000
$785,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,016 SqFt
SOLD DATE : 05/03/2024
Key Details
Sold Price $740,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $367
MLS Listing ID 307338
Sold Date 05/03/24
Style Victorian
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1910
Tax Year 2021
Contingent Due Diligence,Financing
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Duplex with 2 (two) Non-owner Occupied STVR certificates and recent approval for an ADU located in the heart of the Victorian District. Remarkable value add opportunity for one looking to partake in the growth and upside of the southern Victorian District and Historic Streetcar District. Only two blocks away from Savannah's landmark historic Forsyth Park, 116 E Henry's location makes it appealing for a multitude of reasons including: walkability to major points of interest, proximity to SCAD buildings, popular restaurants and nightlife. Once repositioned, similar STVR comps indicate an annual average gross revenue of $127,000. Unit Mix: (Downstairs - 2 Bed/2 Bath) and (Upstairs - 2 Bed/ 1 Bath). Don't miss this opportunity to acquire 2 investment units with the potential of 3 with an ADU in one of the most booming areas of Savannah.
Location
State GA
County Chatham County
Community Playground, Park, Shopping, Street Lights, Sidewalks, Tennis Court(S), Trails/Paths
Zoning TN-1
Rooms
Basement Crawl Space
Interior
Interior Features Pull Down Attic Stairs, Fireplace
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Wood
Fireplaces Type Decorative
Fireplace Yes
Appliance Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Warming Drawer, Washer
Laundry Washer Hookup, Dryer Hookup, In Bathroom, Laundry Room
Exterior
Exterior Feature Balcony
Parking Features Off Street, On Street
Fence Wood
Community Features Playground, Park, Shopping, Street Lights, Sidewalks, Tennis Court(s), Trails/Paths
Utilities Available Cable Available
Water Access Desc Public
Roof Type Asphalt
Porch Balcony, Front Porch
Building
Story 2
Foundation Brick/Mortar, Raised
Sewer Public Sewer
Water Public
Architectural Style Victorian
New Construction No
Schools
Elementary Schools East Broad
Middle Schools East Broad
High Schools Liberal Studies
Others
Tax ID 2-0053-03-004
Ownership Investor
Acceptable Financing Cash, Conventional, 1031 Exchange, Other
Listing Terms Cash, Conventional, 1031 Exchange, Other
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with eXp Realty LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "