846 E 37th Street, Savannah, GA 31401

$575,000 Asking Price

5 beds
4 baths
2,488  sqft
Built in 1970

Unique opportunity to own a large corner lot while living in one unit (up or down) and renting the other to off-set expenses or cover a mortgage. Investors, two rental units near 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 new roof, HVAC, electrical, hot water heaters, kitchens, baths, and flooring. This dwelling is on one PIN with 844 E 37th and sale is contingent on successful subdivision and new PIN, cost which will be covered by seller and expected to take 30-45 days from time of contract. Estimated income per unit is $2500 month/ combined is $5000 month/ $60,000 per year for excellent return on investment. Rental comps are available upon request.

Features & Amenities

Interior

Appliances:
Electric Water Heater
Laundry:
Washer Hookup,Dryer Hookup,In Hall,In Kitchen
A/C:
true, Central Air,Electric
Heating:
true, Central,Electric

Exterior

General:
Balcony,Covered Patio
Style:
Traditional
Parking:
Garage,Off Street,RearSideOff Street

Construction

General:
Stick Built, 2

Location

Originating MLS:
SAV
County:
Chatham

Lot

Zoning:
R4, LOTS 94, 95, 96 HARMON WARD, 2006309009
Fencing:
Wood,Privacy

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
SAV
Ownership:
Homeowner/Owner

This listing courtesy of:
BHHS Bay Street Realty Group, Heather Booth

About Savannah, GA

Housing

Number of Units
106,219
Median Home Value
$251,572
Median Rent
$886

46.42% of housing units are renter occupied.

11.44% are vacant.

Commute

Car
71.95%
Public Transportation
2.46%
Walk to Work
2.93%
Work from Home
20.93%
Other
0.83%

The median travel time to work is 19 minutes.

People

Population
234,712
Median Age
37.30
Median Household Size
2.57

Education

High School
24.39%
Associate’s Degree
6.75%
Bachelor’s Degree
21.10%
Graduate Degree
13.00%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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