8 W 52nd ST Active

Savannah,GA 31405

$ 495000

5 Beds

2 Baths

2165 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,165 sqft

Price per Sqft $228

Subdivision Ardsley Park Area

MLS Listing ID SA332485

Style Bungalow

Bedrooms 5

Full Baths 2

Year Built 1950

Annual Tax Amount $4,075

Tax Year 2024

Lot Size 6,298 Sqft

Property Sub-Type Single Family Residence

Property Description

Turnkey Plug and Play Rental Asset For Sale — $49,800/yr Rent — Fully Renovated, Fully Furnished, Under $500K! Motivated and ready to make a deal, bring us your offer!

Two story 2,165 sq ft, 5BR/2BA, two bedrooms on the main floor, three on the second, fully renovated with granite counters, stainless appliances, updated baths, carport, ample parking, and fenced backyard.

Generates $4,150/month with all student tenants on year leases. Fully furnished, turnkey setup — transferable at closing. Buy today, cash flow tomorrow. Historically low vacancy risk with SCAD being so easily accessible from this location. NO HOA.

Located in one of Midtown's strongest student rental areas, steps to Montgomery Hall and Barnard Village with bus access for easy transportation, blocks from Starland District, Ardsley Park, Memorial Health and minutes to Downtown Savannah.

Pair with 112 W 52nd St — 2017 build (low maintenance costs) 2,816 sq ft, 4BR/2.5BA, fully leased SCAD rental at $48,900/yr. Together, they deliver nearly $100K annual gross rent, minimal vacancy, and built-in equity. Why buy one cash flowing asset when you could buy two?

Attached to the MLS listing is the Net Operating Income statements for each property.

Contact your Realtor and schedule your showing appointment today!

Location

State GA

County Chatham

Zoning RM25

Interior

Heating Central,Electric

Cooling Central Air,Electric

Fireplaces Type Gas,Living Room,Masonry,Wood Burning

Laundry Washer Hookup,Dryer Hookup,Laundry Room,Upper Level

Exterior

Parking Features Attached,Underground,Off Street

Fence Wood

Building

Lot Description Alley

Story 2

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan

Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan

Special Listing Condition Standard

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