3 2nd Terrace ST Active

Tybee Island,GA 31328

$ 1995000

5 Beds

5 Baths

3200 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $623

MLS Listing ID 298295

Bedrooms 5

Full Baths 5

Year Built 1935

Property Sub-Type Triplex

Property Description

The Terraces has three (3) separate apartments and grosses over $250,000 annually. This location and accommodations have been a favorite for those wanting to escape to Tybee, enjoy the
ocean and the view, and sit back and relax - this property is located one back with some pretty fantastic views that make you never want to leave - just steps from the beach crossover, this property has an elevator for convenience and parking for all three apartments. All units are upgraded as required and furnishing replaced to insure that their excellent occupancy rate continues - they average about 80% occupancy each year. Total renovation in 2006. Elevator to 2nd and 3rd level. Please check Desoto Beach rentals (The Terraces) for more pictures.

Location

State GA

County Chatham

Zoning R.T

Interior

Heating Central,Electric,Heat Pump,Wall Furnace

Cooling Central Air,Electric

Inclusions Alarm-Smoke/Fire,Ceiling Fans,Dryer,Refrigerator,Washer

Laundry Dryer Hookup

Exterior

Parking Features Underground,Off Street

Utilities Available Underground Utilities

Roof Type Composition

Building

Lot Description Level

Story 3

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Tima

Middle Schools Coastal

High Schools Islands

Others

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

View More
Favorite Go Tour