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$569,900

Beds
3
Baths
2.5
sq ft
1,772

1108 Reserve Ln, Saint Simons Island, GA 31522

1108 Reserve Ln

St. Simons, GA 31522

  • Off market
This well-kept move-in ready or investment property comes fully furnished and comfortably sleeps eight guests with 3 bedrooms, 2.5 baths and a private garage, laundry room and newly added screened patio! IMMACULATE condition recently painted & newly furnished townhome offers quality interior finishes which include 9'-inch-high ceilings, granite counter tops, hardwood flooring and tiled bathrooms throughout. The kitchen offers stainless appliances, under cabinet lighting, pantry and breakfast bar with seating for four and a dining room table that seats six. The newly added screened porch, with high-top seating for six, is perfect for enjoying the calmness of the island. Primary bedroom offers an en-suite bathroom with tile shower, tub, dual sinks and walk in closet. There is a community swimming pool and nice landscaping throughout. Prior owner rented in 2022 (12 months) generating $62K income and current owner rented from 9/23 through 7/7/24 (11 months) generating $41K for a combined total of $103k in less than two years. This unit is currently rented from 7/7/24-2/15/25 for guaranteed income of over $39k which will bring the total combined rental income to $142k in two years. New owners will assume income generated from the renter from the date of sale. This home offers a luxury feel and is move-in ready. Ideal mid island location, minutes to the beach & the Village, shopping, and restaurants - easy access on and off the island and 1.8 mile from beach access. VERY EASY TO SHOW!

Details

Property type

Townhouse

Lot size

2,178 sq ft

Price per sq ft

$322

Year built

2014

Annual property taxes

$5,161

Monthly HOA fee

$210

Price History

09/12/2024
GeorgiaMLS

GeorgiaMLS #10371111

Removed
$569,900
09/09/2024
GeorgiaMLS

GeorgiaMLS #10371111

Removed
$569,900
09/05/2024
GeorgiaMLS

GeorgiaMLS #10371111

Listed
$569,900

Schools & Community

Elementary school: 

St Simons

Middle school: 

Glynn

High school: 

Glynn Academy

Community features: 

Lake, Pool, Sidewalks, Street Lights

Status: Off Market

Tomo last checked: 11/03/2024 at 7:35 AM

Listing updated: 09/10/2024 at 2:04 AM

Listed by: Stephanie F. Webb, BHHS Hodnett Cooper RE

MLS: GeorgiaMLS #10371111

GeorgiaMLS logo