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Listed by Brandon Fargo • Keller Williams Realty Coastal
$5,485,000
Est. payment /mo
6,054 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision 816-818 Drayton Street
MLS Listing ID 10380482
Construction Status Updated/Remodeled
Year Built 1896
Annual Tax Amount $29,453
Tax Year 2023
Lot Size 6,054 Sqft
Property Description
Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. Just minutes from SCAD, downtown shopping, dining, and major hospitals, the property is ideally situated for maximum rental appeal. With 80% occupancy and room for rental growth, it's poised for significant income potential, making it an exceptional opportunity for investors seeking high ROI in Savannah's most desirable location.
Location
State GA
County Chatham
Zoning Res 25-43 Unit/Acre
Interior
Heating Central
Cooling Central Air, Fans
Exterior
Parking Features On Street
Utilities Available Electricity Available, Water Available
Building
Sewer Public Sewer
Construction Status Updated/Remodeled
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Renee Stutts
REALTOR®/Sales Advisor | License ID: 408104
REALTOR®/Sales Advisor License ID: 408104