816 - 818 Drayton Street

Active

816 - 818 Drayton Street

Savannah GA, 31401

$5,485,000

$483.30 per sqft

Active

22 Beds

15 Baths

11,349 sqft

Commercial

Built in 1896

Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. The building includes 10 one-bedroom units and 4 three-bedroom units, many with porches that provide stunning views of Forsyth Park. Each unit features hardwood floors, modern kitchens with updated appliances, and thoughtful renovations that enhance its historic appeal. Just minutes from SCAD, downtown shopping, dining, and major hospitals, the property is ideally situated for maximum rental appeal. With 80% occupancy and room for rental growth, it's poised for significant income potential, making it an exceptional opportunity for investors seeking high ROI in Savannah's most desirable location. Don't miss out on this incredible opportunity on one of Savannah's most coveted locations.

319886

MLSⓇ ID

September 19, 2024

Listed

October 11, 2024

Updated

Map

816 - 818 Drayton Street
Savannah GA, 31401

Interior Features

Total Stories: 3
Bedrooms: 22
Total Bathrooms: 15
Full Bathrooms: 15
Interior Features: Fireplace
Appliances: Some Electric Appliances, Cooktop, Electric Water Heater, Microwave, Oven, Refrigerator
Laundry Description: Washer Hookup, Dryer Hookup
Fireplace: Yes
Cooling: Yes
Cooling Description: Central Air, Electric
Heating: Yes
Heating Description: Central, Electric

Exterior/Building Features

Lot Size: 0.14 Acres
Exterior Features: None
Sewer: Public Sewer

Other Property Details

Taxes: $31,163
Tax Frequency: Annually
Garage: No
View: No
County: Chatham
Water Source: Public
Pool: No
Zoning: 1-R

Listed by Brandon Fargo with Keller Williams Coastal Area P (912) 433-1072

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of GA - Savannah Multi-List Corporation (SABOR). Real estate listings held by brokerage firms other than Kim McElman are marked with the name of the listing brokers.

The broker providing these data believes them to be correct, but advised interested parties to confirm them before relying on them in a purchase decision.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

This data up-to-date as of 10/11/2024. For the most current information, contact Kim McElman (, [email protected])

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kim McElman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.