414 W Park Avenue Savannah, GA ^$ 1,774,000

414 W Park Avenue

^$ 1,774,000

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414 W Park Avenue

Savannah, GA, 31401

^$ 1,774,000

Bedrooms8 Baths5.0 Sq 4,206

Monthly Estimate*

^$ 11,791

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Multi-Family Home for sale in Savannah, GA

for $1,774,000 with 8 bedrooms and 5 full baths. This 4,206 square foot home was built in 1900 on a lot size of 0.07.

Incredible Opportunity to own a fully renovated multi-family complex with 5 ACTIVE NON OWNER OCCUPIED STVR certificates. This HIGHLY productive property grossed $308,000 in annual average revenue over the last 3 years. The renovated historic duplex has recently updated systems with 2 bedrooms and 1 bath on each level. The fully updated units in the carriage house feature 2 one bedroom one bath units and a 2 bedroom one bath floor plan. All units have a laundry room with washer & dryer and each unit is metered separately. There is an easement for 2 parking spots on Waldburg Lane that convey as well. This proven income producer has been in operation for more than 7 years. Selling fully furnished as a turnkey operation. This great property is a must see!

Multi-Family Active

Price

^$ 1,774,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MultiFamily

Lot Size

0.07

Year Built

1900

Town/City

Savannah

County/Region

Chatham

MLS | Web ID

310836

Features

General

Interior Features CeilingFans

Sewer PublicSewer

Heating Central Electric ForcedAir

Cooling CentralAir Electric HeatPump

Utilities CableAvailable UndergroundUtilities

Possession CloseOfEscrow

Roof Asphalt Composition

Appliances SomeElectricAppliances Dryer Dishwasher ElectricWaterHeater Freezer Microwave Oven Range RangeHood Refrigerator

Exterior Features Balcony

Zoning BG

Patio/Porch Features Balcony FrontPorch

Architectural Style Other Traditional Victorian

Construction Materials Brick Frame WoodSiding

Year Built 1900

Electric Item220Volts

Property SubType MultiFamily

Percent Ownership Investor

Community Features Playground TennisCourts Curbs

County Chatham County

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Energy Efficient Windows

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions From Downtown head south on Montgomery. Take a right at Park Ave. Duplex is on right; carriage house is on 417 W. Waldburg Lane behind duplex.

City Savannah

Disclosures LicensedVacationRental

View Y/N N

Senior Community Y/N N

Zoning Description Mixed use

NumberOfUnitsTotal 5

Lot Size Units Acres

Lot Size Square Feet 3049.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Park

Listing Terms Cash Conventional

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/sav/310836

Standard Status Active

Occupancy Type Tenant

Expected Active Date 2024-04-25

Legal Description WEST 31 FEET OF LOT 22 ELLIOTT W ARD PRB 16P 39

Interior

Basement CrawlSpace

Flooring CeramicTile Hardwood Tile

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features DoublePaneWindows

Fireplace Y/N N

Full Baths 5

Half Baths 0

Street Suffix Avenue

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 5

Exterior

Fencing Wood

Parking Features OffStreet ParkingLot

Lot Features CityLot PublicRoad

Water Source Public

Inclusions Ceiling Fans Refrigerator

Lot Size Area 0.07

Foundation Details BrickMortar PillarPostPier Raised Slab

Spa N

Lot Size Acres 0.07

Road Surface Type Gravel Paved

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Number of Pads 2

Internal Only

Street Number 1 414

* Excluded Features

List By

Keller Williams Coastal Area P

Broker

beth@SavannahRealEstateGroup.com

Affordability Calculator

$11,791

Per Month

Monthly Principal & Interest: $11,791
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Savannah, GA

Average List Price ^$1,101,712

Percent of Sale Price 38%

About Savannah, GA

147,502 Population

11% Since 2002

^$39,420 Median Income

33.54 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

298105 Elementary School

298323 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/6/2024	$1,774,000	-5.39%	Price Down
4/25/2024	$1,875,000		Listed Price

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414 W Park Avenue, Savannah, GA, 31401 is a Multi-Family Home for sale at $1,774,000 with 4,206 sqft and a lot size of 0.07. 414 W Park Avenue has 8 bedrooms, 5.0 baths, and was built in 1900. The property's zip code is 31401 which is in Savannah, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation, and includes listings held by other brokerage firms. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

All information deemed reliable, but not guaranteed, and should be independently verified. All properties subject to prior sale, change, or withdrawl. Brokers shall not be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/10/2024.

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414 W Park Avenue

Multi-Family Home for sale in Savannah, GA

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