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28221079
28221080

913-917 W 38th St, Savannah, GA 31415 For Sale

SL
GA 380026
Realty One Group Inclusion
Listed by Realty One Group Inclusion
$1,599,000
249 days on market
Updated 141 days ago

W 38th St Multi-Family

Details
APN 2007302017, 2007302018, 200302019
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio (+1)
Square Footage 6,032
Net Rentable (SqFt) 6,032
Units 8
Cap Rate 6.5%
NOI $104,000
Price per SqFt $265
Broker Co-Op Yes
Class C
Year Built 1940, 2025
Year Renovated 2020
Buildings 5
Stories 2
Lot Size (SqFt) 10,454
Zoning TR-3
Investment Type Owner/User
Ownership Investor

Rare Downtown Savannah Investment!

Marketing description

Incredible multifamily investment opportunity in the heart of Downtown Savannah! This beautifully maintained and fully updated property features a total of eight income-producing units, including two single-family homes (3BR/2BA each), two spacious apartments (2BR/1BA each), and four efficiency unit each renovated to offer comfort and lasting value. Every unit has been updated with electrical, plumbing, HVAC systems, and finishes, making this property truly move-in ready. The grounds are surrounded by iron gates, showcasing beautiful landscaping, carport, a garage for one of the homes, offering both privacy and convenience for the occupants. Perfectly situated near SCAD, Georgia Ports, local restaurants, shops, and entertainment, this property sits in one of Savannah’s fastest-growing and most desirable areas, where extensive neighborhood redevelopment is taking place. Whether you’re an investor seeking strong rental income and long-term appreciation or an owner-occupant looking to live on-site while generating steady revenue, this property offers exceptional flexibility and value. With its combination of prime location, upgrades, and timeless charm, this is a rare opportunity to own a turnkey multifamily property in the heart of Savannah’s vibrant urban core.

Investment highlights

Strong Rental & Investment Potential

Strong Rental & Investment Potential

Growing Area with Ongoing Redevelopment

Minutes From SCAD, GA Ports, River Street

Minutes From I-16/I-516/I-95

35 Minutes to Hyundai Meta Plant

Listing Contacts

SL
GA 380026
Realty One Group Inclusion
Listed by Realty One Group Inclusion

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$104,000.00
$8,666.67/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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