Description
Investor alert: $4,200/month turnkey rental with ~7.2% cap rate in midtown savannah! this fully renovated 5-bed, 2-bath income-producing property offers 2,165 sq ft of modernized living space and is currently leased by the room to five scad students, generating $4,200/month in gross rent. with updated systems, a strong tenant pool, and zero deferred maintenance, this asset functions more like a commercial investment than a typical home sale—delivering immediate cash flow and long-term upside. located in savannah’s desirable midtown, just minutes from scad, habersham village, and downtown, this rare 5-bedroom layout features granite countertops, spacious common areas, an enclosed porch ideal for office or studio use, a fenced backyard, ample off-street parking, and no hoa. perfect for buy-and-hold investors or house hackers, this stabilized, high-yield property is one of the few true multi-bedroom setups at this price point in the area—making it a smart addition to any rental portfolio.
Property Type
ResidentialCounty
ChathamStyle
BungalowAD ID
50130296
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 2
- Full Baths: 2
Heating & Cooling
- Heating: Central,Electric
- Cooling: CentralAir,Electric
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Exterior Features
Building Information
- Year Built: 1950
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Property / Lot Details
Lot Information
- Lot Description: Alley
- Main Square Feet: 0.1446
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Taxes / Assessments
Tax Information
- Annual Tax: $4075
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Attached,Underground,OffStreet
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School, Utilities & Location Details
Location Information
- Direction: Head toward Midtown using a major road like Waters Avenue, Abercorn Street, or Bull Street. Once you’re near the area, turn onto 52nd Street and head west if you're coming from Waters or east if you're coming from Bull. The home is situated on the north side of the street
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BuyOwner last updated this listing 06/15/2025 @ 00:38
- MLS: SA332485
- LISTING PROVIDED COURTESY OF: James Louis Grekousis, LPT Realty LLC
- SOURCE: Savannah Multi-List Corporation
is a Home, with 5 bedrooms which is for sale, it has 2,165 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.