1201 Mccormick St, Savannah, GA 31404

$349,000
4
BD
4
BA
2,180
SqFt

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List Price
$349,000
Status
ACTIVE
MLS#
SA362064
Days on Market
1
Year Built
1949
Bedrooms
4
Bathrooms
4
Full-baths
4
Living Area
2,180
Acres
0.24

Property Description

Income opportunity east of Bull Street: a two-story duplex offering 2,180 square feet on a 0.24 acre lot in the established Eastside duplex pocket of the 31404 zip. Built in 1949, this is a true value-add play. The upstairs unit is rented at $800 per month and the downstairs unit is vacant and ready for a new tenant at market rent, or for an owner-occupant to move in and let the other side help with the payment. The deferred maintenance is priced in, leaving room for a buyer to renovate and capture both equity and rental income across two units. The location works hard: close-in access to downtown Savannah, the medical corridor, and steady rental demand throughout Midtown and the east side. Comparable renovated duplexes in this pocket have sold well above the entry price here, so the upside is real for a buyer willing to put in the work. Sold in as-is condition. Buyer to verify square footage, condition, and any in-place leases. Parcel 20056-04001.

Additional Information

Appliances
Electric Water Heater, Oven, Range, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Lot Information
Corner Lot, City Lot, Level
Water
Public

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Calculator source: Real Geeks

Listing courtesy of The Commercial Group.

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