$499,000 5 BD 2 BA 2,165 SF

Property Description

PRICE DROP — Now $499,000! BRING US YOUR OFFER! This fully renovated, fully furnished 5BR/2BA income-producing home in Midtown Savannah is one of the strongest turnkey investments on the market today. Start earning from day one with zero downtime — everything’s already in place. Currently leased to SCAD students at $4,150/month, this property delivers an impressive 7.91% cap rate with stable, predictable cash flow from day one. All tenants are on annual leases, with the option to terminate with 60 days’ notice if the buyer wants the property for personal use — a rare level of flexibility for owner-occupants. Spanning 2,165 sq ft, the home features: Granite countertops and modern finishes Spacious shared living areas and large bedrooms Enclosed front porch Fully fenced backyard — ideal for live-work, pets, or outdoor entertaining Major system upgrades including central HVAC and a tankless water heater With no HOA, no deferred maintenance, and a consistent rental history, this is a true plug-and-play asset for investors or house hackers. Located just minutes from SCAD, Habersham Village, and Downtown Savannah, this is a perfect fit for: Cash-flow investors SCAD parents seeking smart alternatives to dorm life Owner-occupants wanting income to offset a mortgage This is the only fully renovated, income-producing 5BR in Midtown under $500K. At just $230/SF, it’s priced below market with immediate upside and strong long-term appreciation potential. Showings by appointment only. Opportunities like this don’t last — schedule your showing today before it’s gone. Don’t miss your chance to secure this high-performing Midtown rental — bring your offer!

Property Features

Show More
  •  2024
  •  0.1446
  •  6299
  •  5
    • Cash
    • Conventional
    • Exchang
  •  WEST 6 FT OF LOT 6 AND EAST 54 FT OF LOT 8 WRIGHT WAR D
  •  6
  •  RM25
  •  4075.00
  •  PublicSewer
  •  Public
  •  Click to View Virtual Tour
  • Exterior Features

  •  Wood
  •  Alley
    • Attached
    • Underground
    • OffStreet
  •  Asphalt
  •  SingleFamilyResidence
  •  Residential
  • Interior Features

    Show More
    • Gas
    • LivingRoom
    • Masonry
    • WoodBurning
    • ElectricWaterHeater
    • TanklessWaterHeater
    • CentralAir
    • Electric
    • Central
    • Electric
  • Courtesy of Lpt Realty Llc

    Schedule to See Homes

    Click image to generate new verification code.


    Brooke Powell

    912.272.7575
    Keller Williams Coastal Area Partners

    8 W 52nd Street
    Savannah, 31405

    $499,000
    5 Beds / 2 Bath
    2165 Sq. Feet
    From Name *:
    :

    To Name *:
    :
    :
    Click image to generate new verification code.

    8 W 52nd Street
    Savannah, 31405

    $499,000
    5 Beds / 2 Bath
    2165 Sq. Feet
    Click image to generate new verification code.