$1,500,000 519 E Broad Street Savannah, GA

MLS: 205004   Type: Multi-Family   County: Chatham   City: Savannah   Area: Davis   Neighborhood: Landmark Historic District   Zip: 31401   Style: Quadplex     Stories: 2   Taxes: $6,235

Mortgage $7,042 /mo



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This 5,000sqft Victorian consists of 3 residential units & 1 retail unit on E. Broad St, facing the Matilde Beasley Park Gazebo. Each unit is a fully permitted vacation rental that has been renovated & furnished. The largest unit is 2,500sqft with 4 bedrooms & 3 bathrooms, each bedroom has a king bed. The 2nd unit is a 2 bedroom & the 3rd unit is a 1 bedroom. The expected gross income is $135,000. The large unit grossed $65,000 in 2018. The smaller units are expected to additionally gross $60,000. The retail unit will be delivered vacant & has rented for $10,000 per annum. There are several options such as live in the 2,500sqft unit or continue to operate all of the vacation units as a turnkey vacation rental business. A buyer could bulk purchase the property along with 516 East Macon (MLS #204902) which includes 3 additional permitted & furnished vacation rentals. This would include six STVR permits, turnkey business, website, & reservation system.

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Price History

4/6/2019 Listed $1,500,000

Ada Features Yn No
Advertised Subdivision Landmark Historic District
Community Park, Paths/Bike-Walk, Sidewalks, Street Lights, Walk to School, Walk to Shopping
Construction Siding, Wood
Cooling Source Electric
Current Zoning RM40
Fire Department Dues Yn No
Heating Source Electric
Listing Agent Public Id MESARODA
Lot Number 35
New Construction Y/N No
Number Of Lots 1
Property Description Carriage House, House
Property Sub Type Quadplex
Property Type Multifamily
Style Victorian
Subdivision Davis
Trash Collection Yn No
Underground Utilities Yn No
Year Built 1900

Interior Features

Appliances Dishwasher, Range, Refrigerator, Single Oven
Attic Pull Down
Basement Crawl Space, Entrance-Outside
Beds Total 7
Cable Cable Ready
Cooling Central
Fireplace Features Non-Working
Floors Hardwood
Full Baths 5
Half Baths 1
Heating Type Central
Laundry Laundry Room
Num Cooling Units 4
Penthouse Yn No
Total Baths 6.00
Total Numof Units 4
Unit Count 3
Water Heater Type Electric

Exterior Features

Dock Yn No
Exterior House Courtyard
Exterior Lot Privacy Fence
Fencing Privacy
Foundation Off Ground
Horse Yn No
Lot Description City, Corner
Lot Dimension 65x41
Lot Size Square Feet 2744
Lot View Park
Num Building Stories 2.00000
Num Carport Spaces 0
Num Garage Spaces 0
Num Heating Units 4
Num Parking Pad 0
Num Water Heaters 3
Parking Description Street Parking
Pool Hot Tub Yn No
Property Attached 0
Road Surface Asphalt
Roof Asphalt
Sewer Public Sewer
Structure Updated
Total Numof Buildings 1
Water Public Water
Waterfront No

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Property vs Zip Code Avg (31401)

Price 1.50M Avg 1.02M

Sqr Feet 5,055 Avg 4,122

Cost / Sqr Ft $297 Avg $248

Taxes $6,235 Avg $3,198

Acres 0.063 Avg 0.07

Visits 213 Avg 81

Days on Site 103 Avg 129

Walkscore® 80 Avg 84

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Keller Williams Coastal Area Partners

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