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$1,875,000   Price Analysis
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414 W Park Ave
Savannah, GA 31401
8 bed 5 bath 4,206 SqFt ($445/SqFt)
3,049SqFt lot. Built 1900
Listed 2024-04-25, Taxes $3,654
Ⓧ USDA Ineligible
due to price & location

near Savannah

Incredible Opportunity to own a fully renovated multi-family complex with 5 ACTIVE NON OWNER OCCUPIED STVR certificates.

This HIGHLY productive property has an average annual revenue of $300, 000 over the last few years. The renovated hstoric duplex has recently updated systems with 2 bedrooms and 1 bath on each level. The fully updated units in the carriage house feature 2 one bedroom one bath units and a 2 bedroom one bath floor plan.

This is a turnkey business opportunity to own 5 well established, fully furnished short term vacation rentals in one package with the possibility of assuming future bookings. This tremendous property is a must see!


Presented by Beth Quigley Ferencsik at
Keller Williams Coastal Area Partners.
Listing Agent Photo

Property MLS #310836 from Savannah

Bedrooms: 8

Total Bathrooms: 5 / 0
Full Bathrooms: 5

Dishwasher
Dryer
Electric
Freezer
Hood Fan
Microwave
Range/Oven
Refrigerator

Basement Features: Crawl Space

Cooling Features: Central, Heat Pump, Electric
Heating Features: Central, Forced Air
Heating Fuel: Electric
Water Heaters: Electric

Flooring: Ceramic, Hardwood, Tile

Fencing: Wood
Road Surface Type: Curb, Gravel, Paved

Lot Description: City
Lot Size Acres: 0.0699954
Lot Size Square Feet: 3049

Garage Description: Off Street, Parking Lot
Parking Features: Off Street, Parking Lot

Number of Units: 5

Facilities: Playground, Tennis Courts

Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Chatham County
Directions: From Downtown, head south on Montgomery. Take a right at Park Ave. Duplex is on right; carriage house is on 417 W. Waldburg Lane, behind duplex.
Source Property Type: Multifamily
Inclusions: Ceiling Fans, Refrigerator
Zoning: Mixed use
Property Subtype: Multi Building
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$115,440 + $26,840
$142,280
$3,654
2021$91,720 + $26,840
$118,560
$3,654
2020$100,200 + $26,840
$127,040
$4,011
2018$100,200 + $26,840
$127,040
$4,036
2017$100,200 + $26,840
$127,040
$3,725
2017$100,200 + $26,840
$127,040
$3,725
2016$93,200 + $24,400
$117,600
$3,430
2015$96,480 + $24,400
$120,880
$3,532
2014$69,760 + $24,400
$94,160
$2,685
2013$84,560 + $19,520
$104,080
$3,011
2012$66,280 + $19,520
$85,800
$2,299
2011$75,160 + $20,760
$95,920
$2,575
2010$75,160 + $20,760
$95,920
$2,468
2008$122,800 + $29,000
$151,800
$575
2007$98,600 + $24,400
$123,000
$584

Listed 2024-04-25
$1,875,000
Savannah
Sold 2019-07-18
$975,000
Savannah
Listed 2019-02-12
$975,000
Savannah
Sold 2016-03-04
$335,000
Public Record
Listing removed 2011-12-03
$300,000
Savannah
Price Changed 2010-11-10
$300,000
Savannah
Listed 2010-05-03
$325,000
Savannah

Total Square Feet Living: 4206
Year Built: 1900
Building Exterior Type: Balcony, Front Porch
Common Walls: No Common Walls
Construction Materials: Brick/Siding, Frame, Siding, Wood
Foundation Details: Brick, Off Ground, Pier, Slab
Property Age: 124
Property Condition: Renovated, Restored, Updated
Roof: Asphalt, Composition
Levels or Stories: 2.00000
House Style: Traditional, Victorian

Electric: 220 Volt
Sewer: Public Sewer
Water Source: Public Water

Energy Information: Double Pane/Thermo

Gadsden Elementary School is a public elementary school located approximately 0.3 miles away.
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Beach High School is a public high school located approximately 1.1 miles away.
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Derenne Middle School is a public middle school located approximately 1.7 miles away.
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St. Pauls Academy for Girls is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.