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50
Photos
540 E Taylor Street, Savannah, GA 31401
$1,870,000 Asking Price
$---/mo Est. Payment Get Prequalified »
7
beds
7
baths
3,847
sqft
Built in
1870
Rare opportunity for 4 non-owner occupied short-term vacation rental units in heart of the Landmark Historic District. This property boast Net Operating Income (NOI) of $100,000/year. "Downstairs"currently owner occupied & utilized as a 2 bed/ 2 bath suite w/ private access to deck & courtyard; its potential income was factored into NOI. Two auxiliary units, each with full kitchens located upstairs & include 2 beds/ 2 baths on the second level and a cozy studio on 3rd floor. An entirely separate cottage/ carriage house can be accessed from the lane and offers kitchen, living room and two beds & baths. Tandem parking off lane accommodates 2 cars. This well maintained home boasts strong rental history, good reviews and future income. It's sold turn key with exception of owner's suite and items in courtyard. Steps from Forsyth Park, restaurants & shopping, it's expected to have continued appreciation and potential for increased income. Proforma & financials available upon request.
Features & Amenities
Interior
- General:
- Fireplace
- Appliances:
- Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Oven,Plumbed For Ice Maker,Range,Refrigerator,Washer
- Laundry:
- In Kitchen,Washer Hookup,Dryer Hookup
- Basement:
- None
- A/C:
- true, Electric,Heat Pump,Zoned
- Heating:
- true, Electric,Heat Pump,Zoned
- Fireplace:
- Fireplace
- Disability Feature:
- None
Exterior
- Style:
- Traditional
Construction
- Roofing:
- Composition
- General:
- Wood Siding,Stick Built, 3, Pillar/Post/Pier,Raised
Location
- Road/Access:
- Asphalt
- Originating MLS:
- SAV
- County:
- Chatham
Lot
- Zoning:
- RM40, WEST 28 FEET OF LOT 8 DAVIS WARD EASEMENT REF: 42P 88 EASEMENT PRB 46P 1, 2003301023
- Fencing:
- Wood
Utilities
- Utilities:
- Cable Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- SAV
- Ownership:
- Homeowner/Owner
This listing courtesy of:
BHHS Bay Street Realty Group, Heather Booth
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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