816 - 818 Drayton ST

Savannah,GA 31401

$ 4725000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

MLS Listing ID 10580472

HOA Y/N No

Year Built 1896

Annual Tax Amount $31,163

Tax Year 2023

Lot Size 6,054 Sqft

Acres 0.139

Lot Dimensions 6054.84

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. The building includes 14 units, many with porches that provide stunning views of Forsyth Park. Each unit features hardwood floors, modern kitchens with updated appliances, and thoughtful renovations that enhance its historic appeal. Just minutes from SCAD, downtown shopping, dining, and major hospitals, the property is ideally situated for maximum rental appeal. With 100% occupancy and room for rental growth, its poised for significant income potential, making it an exceptional opportunity for investors seeking high ROI in Savannahs most desirable location. Dont miss out on this incredible opportunity on one of Savannahs most coveted locations.

Location

State GA

County Chatham

Rooms

Basement Crawl Space,Exterior Entry

Interior

Heating Central,Electric

Cooling Central Air,Electric

Fireplace No

Exterior

Parking Features None

Community Features Park,Playground,Sidewalks,Street Lights,Tennis Court(s),Near Public Transport,Near Shopping

Utilities Available Electricity Individual Meters,Sewer Connected,Water Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces From Derenne Ave, head down Abercorn Street towards Victory Drive. Turn Left on Victory Drive. Turn Right on Drayton Street. Travel 1 mile, destination will be on right hand side across from Forsyth Park

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Spencer

Middle Schools Hubert

High Schools Savannah

Others

HOA Fee Include None

Tax ID 20044 13038

Acceptable Financing 1031 Exchange,Cash,Conventional,Other,Private Financing Available

Listing Terms 1031 Exchange,Cash,Conventional,Other,Private Financing Available

Special Listing Condition Resale

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