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540 E Taylor Street

Savannah, GA 31401
  • $1,870,000
  • STATUS: Active
  • ON SITE: 142 Days
  • MLS #: 314913
UPDATED: 18 min ago
$1,870,000
  • 7
    BEDS
  • 0.06
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 3,847
    SQFT
  • $486
    $/SQFT
Type:
Single-Family Home
Built:
1870
County:
Area:

School Ratings & Info

Description

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.

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© 2024 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: 2024-12-06T18:07:51.557.

www.heathermurphysold.com/homes/152669345
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540 E Taylor Street Savannah, GA 31401

  • Price: $1,870,000
  • Status: Active
  • On Site: 142 Days
  • Updated: 18 min ago
  • MLS #: 314913
7
Beds
7
Baths
0
½ Baths
0.06
Acres
3,847
SQFT
$486
$/SQFT
1870
Built
County:
Chatham
Area:
Savannah
Property Description
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.
Exterior Features

Architectural Style Traditional Construction Materials Wood Siding Stick Built Fencing Wood Foundation Details Pillar / Post / Pier Raised Garage YN No Lot Size Dimensions 28 X 100 Road Responsibility Public Maintained Road Road Surface Type Asphalt Roof Composition

Interior Features

Accessibility Features None Appliances Dryer Dishwasher Electric Water Heater Disposal Microwave Oven Plumbed For Ice Maker Range Refrigerator Washer Basement None Basement YN No Common Walls 1 Common Wall Cooling Electric Heat Pump Zoned Cooling YN Yes Fireplace YN Yes Heating Electric Heat Pump Zoned Heating YN Yes Interior Features Fireplace Laundry Features In Kitchen Washer Hookup Dryer Hookup

Property Features

Association YN No Community Features Playground Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional1031 Exchange Property Attached YN Yes Property Sub Type Single Family Residence Sewer Public Sewer Special Listing Conditions Standard Utilities Cable Available Water Source Public Waterfront YN No Zoning Description Commercial Mixed use Multi Family

Listing courtesy of Heather Booth of BHHS Bay Street Realty Group: 912-355-4171. © 2024 Savannah Multi-List Corporation. All rights reserved.


© 2024 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: 2024-12-06T18:07:51.557.

 
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Heather Murphy Real Estate Group | Keller Williams Realty - Coastal Area Partners
329 Commercial Drive Suite 100
Savannah GA, 31406