Incredible Opportunity — Motivated Seller — Bring Us Your Offer!
Ideal for Buy-and-Hold Investors but could also be Your New Home!
This property offers two paths:
As an investment: Currently leased to SCAD students at $4,150/month ($49,800 annually), with furnishings and leases transferring at closing for immediate cash flow!
As a residence: Tenants can be removed with 60 days’ notice to vacate, giving buyers the option to make it their own home in a prime Midtown location without paying historic district pricing of $300+ per square foot!
Modern home with an open floor plan layout with luxury finishes, primary suite on the first floor, a fenced backyard, and an oversized attic offering easy potential for additional flex space or a 5th bedroom. The home is fully furnished and currently leased to SCAD students, producing $4,075/month in rent. Leases and furnishings can transfer at with the property closing, allowing investors to buy today and cash flow tomorrow!
For buyers seeking a personal residence, the tenants can be removed with 60 day notice to vacate—offering a smooth path for owner occupancy!
Centrally located near everything Savannah has to offer! Near Montgomery Hall and Barnard Village with SCAD bus access for easy transportation around the city, just minutes to Downtown Savannah, blocks from Starland District, a street away from Ardsley Park, and close to Memorial Health!
Pair with 8 W 52nd (also available) to control two strong-performing assets on the same street, generating nearly $100K/yr in combined gross rent with built-in equity at $213 per square foot as 25 w 51st St just sold for $257 per square foot just one street over!! If you add a 5th bedroom, then this investment will gross over 100k per year!
Contact me today for more information and to schedule a showing!