720 Waters AVE Savannah, GA 31404
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,268 sqft
Price per Sqft $319
MLS Listing ID SA360346
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1914
Lot Size 1,960 Sqft
Acres 0.045
Property Sub-Type Duplex
Source SAV
Property Description
investment property is a rare find for real estate investors and house hackers searching for multi-family
homes for sale in Savannah, offering 4 bedrooms and 2 bathrooms total across two separate units.
This income-producing rental property is already generating $38,400 in gross annual rental income, with both units occupied and cash flowing from day one of ownership. Step inside to find an updated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, wide-plank flooring throughout, and a fully renovated bathroom with a marble tile surround. Both units offer in-unit washer and dryer connections for added convenience, a rare perk for a Savannah rental property.
Unit 720A is leased month-to-month at $1,600/month. Unit 720B is secured on a fixed lease through April 2027 at $1,600/month, with immediate cash flow and no vacancy risk to start.
Outside, enjoy a classic covered front porch perfect for rocking chairs and Savannah evenings, plus offstreet parking for both units. Whether you're a seasoned investor building a rental portfolio, or a first-time buyer exploring house hacking in Savannah, this fully occupied duplex checks every box. Schedule your private showing today, income-producing multi-family homes like this in Savannah don't last long!
Location
State GA
County Chatham
Zoning R4
Direction Waters just off of Gwinnett
Rooms
Basement Crawl Space
Interior
Interior Features Pull Down Attic Stairs
Heating Central, Electric
Cooling Central Air, Electric
Flooring Vinyl
Appliance Dishwasher, Electric Water Heater, Refrigerator
Laundry Washer Hookup
Exterior
Parking Features Off Street
Roof Type Asphalt
Porch Front Porch
Garage No
Building
Lot Description Alley, City Lot
Foundation Crawlspace
Water Public
Architectural Style Traditional
Level or Stories 2
Others
Tax ID 2003429015
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
What is Nearby
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