221 W Duffy Street
Property Description
An exceptional opportunity to acquire a completely renovated, income-producing investment portfolio in the heart of downtown Savannah, Georgia. Located at 221 W. Duffy Street, this offering features a five-unit multi-family rental property alongside the beautiful single-family home at 1210 Jefferson Street, a two-bedroom residence with a private deck, totaling 6 units. Together, these properties generate over $166,000 in annual rental income, creating an attractive opportunity for investors seeking substantial cash flow and long-term portfolio growth. With extensive renovations already completed, investors can step into an established income-producing asset while exploring opportunities to optimize rental performance and maximize the property's investment potential. The additional Jefferson Street residence adds versatility and appeal to this unique multi-family property offering. For investors focused on tax efficiency, the property's renovations and improvements also present an opportunity to explore accelerated depreciation and cost segregation strategies. Some of the upgrades include: full interior renovations (kitchen, laundry, bathrooms, etc.), new HVAC, new hot water heaters, new siding, new roof, new plumbing, and new electric. Combining significant rental income, renovated interiors, multiple residential units, and a prime downtown Savannah location, this is a compelling opportunity to acquire a distinctive investment portfolio in one of the Southeast's most desirable historic markets.
Broker Details
Re/Max Island Realty 843-785-5252
MLS ID: 442519 State License Number: 442519
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,750,000 |
| No. of Units: | 1 |
| Year Built: | 1900 |
| Lot Size: | 3,974.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $1,750,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 6 |
ID: 3yd-HIVEMLSNC-SA366694
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