$495,000 5 BD 2 BA 2,165 SF

Property Description

Turnkey Plug and Play Rental Asset For Sale — $49,800/yr Rent — Fully Renovated, Fully Furnished, Under $500K! Motivated and ready to make a deal, bring us your offer! Two story 2,165 sq ft, 5BR/2BA, two bedrooms on the main floor, three on the second, fully renovated with granite counters, stainless appliances, updated baths, carport, ample parking, and fenced backyard. Generates $4,150/month with all student tenants on year leases. Fully furnished, turnkey setup — transferable at closing. Buy today, cash flow tomorrow. Historically low vacancy risk with SCAD being so easily accessible from this location. NO HOA. Located in one of Midtown’s strongest student rental areas, steps to Montgomery Hall and Barnard Village with bus access for easy transportation, blocks from Starland District, Ardsley Park, Memorial Health and minutes to Downtown Savannah. Pair with 112 W 52nd St — 2017 build (low maintenance costs) 2,816 sq ft, 4BR/2.5BA, fully leased SCAD rental at $48,900/yr. Together, they deliver nearly $100K annual gross rent, minimal vacancy, and built-in equity. Why buy one cash flowing asset when you could buy two? Attached to the MLS listing is the Net Operating Income statements for each property. Contact your Realtor and schedule your showing appointment today!

Property Features

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  •  2024
  •  0.1446
  •  6299
  •  5
    • Cash
    • Conventional
    • Exchang
  •  WEST 6 FT OF LOT 6 AND EAST 54 FT OF LOT 8 WRIGHT WAR D
  •  6
  •  RM25
  •  4075.00
  •  PublicSewer
  •  Public
  •  Click to View Virtual Tour
  • Exterior Features

  •  Wood
  •  Alley
    • Attached
    • Underground
    • OffStreet
  •  Asphalt
  •  SingleFamilyResidence
  •  Residential
  • Interior Features

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    • Gas
    • LivingRoom
    • Masonry
    • WoodBurning
    • ElectricWaterHeater
    • TanklessWaterHeater
    • CentralAir
    • Electric
    • Central
    • Electric
  • Courtesy of Lpt Realty Llc

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    Alex Norkus

    (904) 280-3000
    Keller Williams Jacksonville Realty