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119 W 60th Street

Savannah, GA 31405
  • $163,900
  • STATUS: Active
  • ON SITE: 128 Days
  • MLS #: 277123
UPDATED: 28 min ago
$163,900
  • 4
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,570
    SQFT
  • $104
    $/SQFT
Type:
Multi-Family
Built:
1953
County:
Area:

School Ratings & Info

Description

Opportunity to renovate and in increase both rental income and equity dramatically! Duplex with long term tenants in an area of active renovation. Easy to Maintain and Low Renovation Cost, this cinder block building has great potential. Keep property as is or make a few updates to bring property to its full potential. Property is listed at a 7% CAP rate with its current rental numbers. Currently Under Rented! Downstairs unit is on a voucher program ($675) Upstairs unit has been there 10+ years ($500)....Both units combined would bring in well over $2000 per month after reasonable renovation.

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© 2023 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Liza DiMarco | Berkshire Hathaway HomeServices Cora Bett Thomas Realty. Real estate listings held by brokerage firms other than Liza DiMarco | Berkshire Hathaway HomeServices Cora Bett Thomas Realty are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-01-28T12:07:58.703.

www.lizadimarco.com/homes/133277280
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119 W 60th Street Savannah, GA 31405

  • Price: $163,900
  • Status: Active
  • On Site: 128 Days
  • Updated: 28 min ago
  • MLS #: 277123
4
Beds
2
Baths
0
½ Baths
0.08
Acres
1,570
SQFT
$104
$/SQFT
1953
Built
County:
Chatham
Area:
Savannah
Property Description
Opportunity to renovate and in increase both rental income and equity dramatically! Duplex with long term tenants in an area of active renovation. Easy to Maintain and Low Renovation Cost, this cinder block building has great potential. Keep property as is or make a few updates to bring property to its full potential. Property is listed at a 7% CAP rate with its current rental numbers. Currently Under Rented! Downstairs unit is on a voucher program ($675) Upstairs unit has been there 10+ years ($500)....Both units combined would bring in well over $2000 per month after reasonable renovation.
Exterior Features

Architectural Style Traditional Garage YN No

Interior Features

Appliances Electric Water Heater Common Walls 1 Common Wall Cooling ElectricWindow Unit(S) Cooling YN Yes Heating ElectricWindow Unit Heating YN Yes Laundry Features None

Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Property Attached YN No Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 1304 Tax Year 2021 Water Source Public Waterfront YN No

Listing courtesy of Mark Gugliuzza of Keller Williams Realty: 912-356-5001. © 2023 Savannah Multi-List Corporation. All rights reserved.


© 2023 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Liza DiMarco | Berkshire Hathaway HomeServices Cora Bett Thomas Realty. Real estate listings held by brokerage firms other than Liza DiMarco | Berkshire Hathaway HomeServices Cora Bett Thomas Realty are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-01-28T12:07:58.703.

 
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Liza DiMarco | Berkshire Hathaway HomeServices Cora Bett Thomas Realty
5 E Perry St
Savannah GA, 31401