524-530 Mlk Boulevard

Savannah, GA 31401
  • $1,375,000
  • STATUS: Active
  • ON SITE: 19 days
  • MLS #: 220945
UPDATED: 54 min ago
$1,375,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,000
    SQFT
  • $196
    $/SQFT
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Excellent Investment Opportunity! Perfect 1031 exchange. Completely leased with 3 retail tenants and 3 residential tenants. 6% cap rate with tremendous opportunity for adding value. Directly behind new apartments being built on Montgomery and just a few blocks from Forsyth Park. In very good condition. Zoned for STVR but not presently being used as STVR. Apartments consists of 2 2bdrm 2.5 Bath and 1 1bdrm and 1.5ba

Monthly Payment Calculator

© 2020 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners. Real estate listings held by brokerage firms other than Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners are marked with the name of the listing brokers. IDX information is provided exclusively 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 last updated: 2020-04-01T12:07:44.273.
www.heathermurphysold.com/homes/104082062

524-530 Mlk Boulevard Savannah, GA 31401

  • Price: $1,375,000
  • Status: Active
  • Updated: 54 min ago
  • MLS #: 220945
0
Beds
0
Baths
0
½ Baths
0.12
Acres
7,000
SQFT
$196
$/SQFT
1930
Built
County:
Chatham
Area:
Savannah
Property Description
Excellent Investment Opportunity! Perfect 1031 exchange. Completely leased with 3 retail tenants and 3 residential tenants. 6% cap rate with tremendous opportunity for adding value. Directly behind new apartments being built on Montgomery and just a few blocks from Forsyth Park. In very good condition. Zoned for STVR but not presently being used as STVR. Apartments consists of 2 2bdrm 2.5 Bath and 1 1bdrm and 1.5ba
Exterior Features

Exterior Features Street Lamp Road Responsibility Public Maintained Road Road Surface Type Asphalt

Interior Features

Appliances Cooktop Cooling Central AirElectric Cooling YN Yes Heating CentralElectric Heating YN Yes

Property Features

Association YN No Current Use Residential Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional1031 Exchange Owner Pays Other Property Attached YN No Property Sub Type Multi Family Security Features Other Sewer Public Sewer Special Listing Conditions Standard Stories Total 2 Water Source Public

Listing courtesy of Beth Vantosh of Vantosh Realty, Llc. © 2020 Savannah Multi-List Corporation. All rights reserved.
© 2020 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners. Real estate listings held by brokerage firms other than Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners are marked with the name of the listing brokers. IDX information is provided exclusively 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 last updated: 2020-04-01T12:07:44.273.
 
Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners
329 Commercial Drive Suite 100
Savannah GA, 31406