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CIC North Carolina

northcarolinabroker@callitclosed.com +1(833) 242-7007

$349,000

Est. payment - /mo

4 Beds

4 Baths

2,180 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,180 sqft

Price per Sqft $160

MLS Listing ID SA362064

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1949

Lot Size 10,441 Sqft

Acres 0.2397

Property Sub-Type Duplex

Source SAV

Property Description

Income opportunity east of Bull Street: a two-story duplex offering 2,180 square feet on a 0.24 acre lot in the established Eastside duplex pocket of the 31404 zip. Built in 1949, this is a true value-add play. The upstairs unit is rented at $800 per month and the downstairs unit is vacant and ready for a new tenant at market rent, or for an owner-occupant to move in and let the other side help with the payment. The deferred maintenance is priced in, leaving room for a buyer to renovate and capture both equity and rental income across two units. The location works hard: close-in access to downtown Savannah, the medical corridor, and steady rental demand throughout Midtown and the east side. Comparable renovated duplexes in this pocket have sold well above the entry price here, so the upside is real for a buyer willing to put in the work. Sold in as-is condition. Buyer to verify square footage, condition, and any in-place leases. Parcel 20056-04001.

Location

State GA

County Chatham

Zoning RSF-6

Direction From downtown Savannah, take Abercorn Street south to E Victory Drive, east to Waters Avenue, south to E 52nd Street, then east to McCormick Street. The duplex is at 1201 McCormick Street.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Appliance Electric Water Heater, Oven, Range, Refrigerator

Exterior

Garage No

Building

Lot Description Corner Lot, City Lot, Level

Water Public

Architectural Style Traditional

Level or Stories 2

New Construction No

Others

Tax ID 2005604001

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors

Listed by The Commercial Group

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CIC North Carolina

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1201 McCormick ST Savannah, GA 31404

CIC North Carolina

Key Details

Location

Interior

Exterior

Building

Others

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1201 McCormick ST