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$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

  • 128 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

SavannahMLS #314913

Price change
$1,870,000
+1.08%
07/16/2024
SavannahMLS

SavannahMLS #314913

Listed
$1,850,000

Schools & Community

Neighborhood: 

Beach Institute

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground

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Status: Active

Tomo last checked: 11/21/2024 at 11:15 PM

Listing updated: 10/27/2024 at 8:57 AM

Listed by: Heather Booth, BHHS Bay Street Realty Group Phone #: (912) 355-4171

MLS: SavannahMLS #314913

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