309 W 41st Street
Property Description
Prime value-add 4-unit investment opportunity in Savannah's highly sought-after Starland District. Located at 309 W 41st Street, this multi-family property features four spacious units, each offering 4 bedrooms and 1 bathroom, appealing to student housing, roommate-style living, or workforce housing demand. The property totals approximately 5,358 square feet and has a strong rental history, with each unit currently generating around $2,000/month, providing immediate in-place income with upside potential. Zoned TN-2, this property offers flexibility for continued multifamily use and future development opportunities. A key highlight is the .07-acre off-street parking lot, which presents a potential value-add opportunity for expansion, additional units, or increased density. Situated in the heart of the Starland District, one of Savannah's fastest-growing and most desirable neighborhoods, the property benefits from proximity to SCAD, downtown, dining, retail, and entertainment-driving consistent rental demand and long-term appreciation. Ideal for investors seeking strong cash flow, large unit configurations, and development upside in a high-growth Savannah location.Broker Details
Bare Real Estate 912-712-6606
MLS ID: WORSLEYDA State License Number: 357843
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $995,000 |
| No. of Units: | 4 |
| Year Built: | 1910 |
| Lot Size: | 5,358.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $248,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 4 |
ID: 3yd-HIVEMLSNC-SA352132
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