$1,870,000
Active
52 Days Online
7 Beds7 Baths3,847 SQFT
Active

540 E Taylor Street Savannah, GA 31401

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Rare opportunity for 4 non-owner occupied short-term vacation rental units in heart of the Landmark Historic District. This property boast Net Operating Income (NOI) of $100, 000/year. "Downstairs"currently owner occupied & utilized as a 2 bed/ 2 bath suite w/ private access to deck & courtyard; its potential income was factored into NOI. Two auxiliary units, each with full kitchens located upstairs & include 2 beds/ 2 baths on the second level and a cozy studio on 3rd floor. An entirely separate cottage/ carriage house can be accessed from the lane and offers kitchen, living room and two beds & baths. Tandem parking off lane accommodates 2 cars. This well maintained home boasts strong rental history, good reviews and future income. It's sold turn key with exception of owner's suite and items in courtyard. Steps from Forsyth Park, restaurants & shopping, it's expected to have continued appreciation and potential for increased income. Proforma & financials available upon request.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyChatham
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site52 Days
  • MLS StatusActive
  • MLS ID Number314913
  • Home Size Source Plans
  • Year Built1870
  • Lot Size0.06 Acres
  • Full Baths7
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Construction Wood Siding
  • Sewer Public Sewer
  • Basement None
  • Number of Stories 3
  • Acreage 0.06
  • Water Public
  • Zoning RM40
  • Property Sub Type Single Family Residence
  • Utilities Cable Available
  • Foundation Pillar/ Post/ PierRaised
  • Listing Conditions Standard

Interior Features

  • Cooling ElectricHeat PumpZoned
  • Heating ElectricHeat PumpZoned
  • Appliances DryerDishwasherElectric Water HeaterDisposalMicrowaveOvenPlumbed For Ice MakerRangeRefrigeratorWasher
  • Furnished? Furnished
  • Interior Fireplace
  • Laundry Features In KitchenWasher HookupDryer Hookup
  • Fireplace Yes

Exterior Features

  • Roof Composition
  • Fencing Wood
  • Waterfront Property No

Community Features

  • Community Features Playground

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Monthly Payment (Est.)

$9,085
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