$1,870,000
- Beds
- 7
- Baths
- 7.0
- sq ft
- 3,847
540 E Taylor St, Savannah, GA 31401
540 E Taylor St
Savannah, GA 31401
- 158 days on market
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.
Details
Property type
Single Family Residence
Lot size
2,614 sq ft
Price per sq ft
$487
Year built
1870
HOA
No
Price History
07/22/2024
SavannahMLS #314913
Price change
$1,870,000
+1.08%
07/16/2024
SavannahMLS #314913
Listed
$1,850,000
Schools & Community
Neighborhood:Â
Beach Institute
Elementary school:Â
Unknown
Middle school:Â
Unknown
High school:Â
Unknown
Community features:Â Playground
Community features:Â
Playground
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Status: Active
Tomo last checked: 12/22/2024 at 6:10 AM
Listing updated: 10/27/2024 at 8:57 AM
Listed by: Heather Booth, BHHS Bay Street Realty Group Phone #:Â (912) 355-4171
MLS: SavannahMLS #314913
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