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$3,999,000

Beds
13
Baths
7.0
sq ft
7,500

112 W Waldburg St, Savannah, GA 31401

112 W Waldburg St

Savannah, GA 31401

  • 120 days on market
    • Price drop $201,000↓
Welcome to an amazing opportunity in Historic Savannah! Steps from the iconic Forsyth Park, this circa 1900 property offers 4 units, and turnkey ownership. The entire building can come fully furnished, and current bookings can be seamlessly transferred to the new owners, ensuring immediate income potential. Recently updated to reflect the proper era-specific design, this property blends historic charm with modern amenities. This one-of-a-kind property boasts a staggering 7500 sqft, making it one of the largest STVR properties in Historic Savannah.All units come with a Non Owner Occupied STVR certificate, allowing for maximum profitability through rentals. Immerse yourself in the charm of Savannah's past while enjoying modern comforts and conveniences. This property provides the perfect blend of elegance and income potential. Located in the heart of downtown Savannah, residents and guests alike can enjoy easy access to the city's vibrant culture, dining, and entertainment.

Details

Property type

Single Family Residence

Est. home value

$1,786,452

Lot size

5,140 sq ft

Price per sq ft

$534

Year built

1900

Annual property taxes

$11,080

Price History

06/10/2024
SavannahMLS

SavannahMLS #307349

Price change
$3,999,000
-4.79%
03/09/2024
SavannahMLS

SavannahMLS #307349

Listed
$4,200,000

Schools & Community

Neighborhood: 

West Victorian District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of Newington

Loan start date

May 2021

Original loan amount

$1,040,000

Est. remaining balance

Not provided

Interest rate

2.45%

Loan type

Commercial, 10 year

Seller

Mjr 1 Llc

Lender

Bank Of Newington

Loan start date

May 2021

Original loan amount

$1,040,000

Est. remaining balance

Not provided

Interest rate

2.45%

Loan type

Commercial, 10 year

Seller

Mjr 1 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 7:20 PM

Listing updated: 06/10/2024 at 6:18 PM

Listed by: Matthew Randolph, Lighthouse Realty Professional Phone #: (912) 224-3055

MLS: SavannahMLS #307349

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