138 W 51st ST Savannah, GA 31405
6 Beds
4 Baths
4,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $233
MLS Listing ID SA352315
Style Colonial
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1950
Lot Size 6,316 Sqft
Acres 0.145
Property Sub-Type Quadruplex
Source SAV
Property Description
Located on Savannah's West Side, this property sits in the heart of an area experiencing significant growth and revitalization. Investors will appreciate the proximity to some of the city's most popular destinations, including Starland Yard, Ardsley Station, Victory North, and Two Tides Brewing Co.
The property is also in close proximity to Savannah College of Art and Design facilities, including Montgomery House Residence Hall and Montgomery Hall, SCAD's hub for digital arts, gaming, and animation. Directly across the street, Byte Cafe - further enhancing the area's appeal and long-term rental demand.
Adding to the property's appeal, the property is zoned C-3, offering additional flexibility and potential for future redevelopment opportunities. Investors may also have the opportunity to assume the existing VA loan with an attractive 4.25% interest rate, subject to lender approval and qualification.
Conveniently positioned on Montgomery Street, Midtown Savannah is just five minutes away, while Victory Drive provides quick access to Daffin Park in under ten minutes. One of Savannah's premier recreational destinations, Daffin Park offers a public pool, tennis courts, basketball courts, playgrounds, a dog park, walking trails, and Grayson Stadium, home of the world-famous Savannah Bananas.
*Offering 1% ($9,350) Lender Credit Closing Costs with Use of Preferred Lender*
Assumable VA Loan with 4.25% Interest Rate Available & C-3 Zoning Offers Future Development Potential
Location
State GA
County Chatham
Zoning RM25
Direction Montgomery Street at West 51st directly across from SCAD Montgomery Hall. Park in front on 51st Street.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Hardwood, Other, Tile
Appliance Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
Laundry In Hall
Exterior
Parking Features Off Street, Parking Lot
Community Features Shopping, Sidewalks, Walk to School
Utilities Available Cable Available
View Panoramic
Roof Type Asphalt
Building
Lot Description Alley, Corner Lot
Story 2
Water Public
Architectural Style Colonial
Level or Stories 2
Structure Type Brick,Stucco
Others
Tax ID 2-0088-17-025
Acceptable Financing Cash, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/sav/SA352315