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    460 & 456 Altamaha Street

    Savannah, GA 31401
    • $1,445,000
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: 224521
    UPDATED: 28 min ago
    $1,445,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2019
    County:
    Area:

    School Ratings & Info

    Description

    Unique opportunity for versatile income and appreciation. Bulk sale of two model homes at Upper East River with leaseback. Price includes nearly $200,000 in built-in designer features, which shall remain as well as appliances & window treatments. Tenants will pay total rent of $12,000 per month (6,000 per unit) plus utilities. 2 years term with 2 x 1-year options. Each option has a 3% escalation clause. Seller will also convert the garage, which is currently a "design center" back to a garage if desired. Both homes are in PUD that allows Short Term Vacation rentals with NO cap and homeowner association permits rentals of 6 nights or longer.

    Monthly Payment Calculator

    © 2020 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sheila Doney Team | RE/MAX Accent. Real estate listings held by brokerage firms other than The Sheila Doney Team | RE/MAX Accent are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-08-13T19:07:50.15.
    www.sheiladoney.com/homes/106480629
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    460 & 456 Altamaha Street Savannah, GA 31401

    • Price: $1,445,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 224521
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2019
    Built
    County:
    Chatham
    Area:
    Savannah
    Property Description
    Unique opportunity for versatile income and appreciation. Bulk sale of two model homes at Upper East River with leaseback. Price includes nearly $200,000 in built-in designer features, which shall remain as well as appliances & window treatments. Tenants will pay total rent of $12,000 per month (6,000 per unit) plus utilities. 2 years term with 2 x 1-year options. Each option has a 3% escalation clause. Seller will also convert the garage, which is currently a "design center" back to a garage if desired. Both homes are in PUD that allows Short Term Vacation rentals with NO cap and homeowner association permits rentals of 6 nights or longer.
    Exterior Features

    Exterior Features Underground Utilities Road Surface Type Asphalt

    Interior Features

    Appliances DryerDishwasherElectric Water HeaterWasher Common Walls 2+ Common Walls Cooling Central AirElectric Cooling YN Yes Heating ElectricHeat Pump Heating YN Yes

    Property Features

    Association Fee 666 Association Fee Frequency Monthly Association YN Yes Current Use Other Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Number Of Separate Electric Meters 2 Number Of Separate Water Meters 2 Owner Pays None Property Attached YN Yes Property Sub Type Multi Family Security Features Other Sewer Public Sewer Special Listing Conditions Standard Stories Total 3 Utilities Underground Utilities Water Source Public

    Listing courtesy of Heather Booth of Berkshire Hathaway Homeservices Savannah. © 2020 Savannah Multi-List Corporation. All rights reserved.
    © 2020 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sheila Doney Team | RE/MAX Accent. Real estate listings held by brokerage firms other than The Sheila Doney Team | RE/MAX Accent are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-08-13T19:07:50.15.
     
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