534 E Waldburg Street, Savannah, GA 31401

$650,000

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List Price
$650,000
Status
ACTIVE
Days on Market
248
Price Change
▼ $49,000 1775523204
MLS#
10646052
Subtype
Residential Income
Year Built
1900
Lot Size
3,441
Acres
0.08
Subdivision
Lee Ward

Property Description

Exceptional income-producing duplex just two blocks from Forsyth Park in the heart of Savannah's Victorian Historic District. Currently generating $1,995 per month from the first-floor unit, with the second-floor unit leased at $2,100 per month. Projected gross annual rental income of $49,140 offers immediate cash flow in one of Savannah's most desirable rental markets. A classic Southern front porch welcomes you inside, where beautiful original woodwork and historic character set the tone. The first-floor unit features original hardwood floors, a decorative fireplace, two bedrooms, one bath, and a spacious kitchen. Upstairs, the second unit offers another generous kitchen, two bedrooms, one bath, a decorative fireplace, comfortable living room, and access to a private deck overlooking the fenced backyard with off-street parking. The third-floor bonus room provides flexible space for a home office, studio, or additional living area. Located just moments from Forsyth Park, restaurants, shopping, and everything the Historic District has to offer, this duplex continues to attract strong rental demand while offering the timeless character that makes Savannah real estate so desirable. Whether you're adding to your portfolio or completing a 1031 exchange, this is a rare opportunity to own an income-producing property in one of Savannah's most sought-after neighborhoods. Motivated seller.

Additional Information

Heating
Central, Natural Gas
Air Conditioning
Central Air, Electric
Stories
2 Stories
Levels
Two
Parking
Off Street
Elementary School
A B Williams
High School
Savannah

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Coastal.

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