Description
It's not often that a turnkey quadplex comes on the market in the mid six-figure price point! Unlike most multifamily inventory nearby, this asset is made out of concrete masonry on slab - no rotting wood and termites to add to your CAPEX budget. Each unit is 2 beds one bath and has newer HVAC and in unit laundry hookups. The owner has decided to list with 3 of 4 units vacant for a swift increase to market rent for the new owner - similar units in the quad across the street are renting for 1200+ per unit. These units are a stones throw from the Savannah College of Art and Design's latest development projects, a two minute walk from Starland Yard, ten minutes from Forsyth Park, and also borders one of Savannah's tax-advantaged "enterprise zones", which is a program that has catalyzed an incredible amount of new development along the MLK-Montgomery avenues corridor over the past few years. Ask your agent for our pro-formas and scedule your at-will showing of a vacant unit today!
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8BEDS
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0.1ACRES
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4BATHS
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01/2 BATHS
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3,564SQFT
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$154$/SQFT
School Ratings & Info
Description
It's not often that a turnkey quadplex comes on the market in the mid six-figure price point! Unlike most multifamily inventory nearby, this asset is made out of concrete masonry on slab - no rotting wood and termites to add to your CAPEX budget. Each unit is 2 beds one bath and has newer HVAC and in unit laundry hookups. The owner has decided to list with 3 of 4 units vacant for a swift increase to market rent for the new owner - similar units in the quad across the street are renting for 1200+ per unit. These units are a stones throw from the Savannah College of Art and Design's latest development projects, a two minute walk from Starland Yard, ten minutes from Forsyth Park, and also borders one of Savannah's tax-advantaged "enterprise zones", which is a program that has catalyzed an incredible amount of new development along the MLK-Montgomery avenues corridor over the past few years. Ask your agent for our pro-formas and scedule your at-will showing of a vacant unit today!
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