2511 Oak Forest Drive
Property Description
Recently appraised well over asking! Here is an outstanding investment opportunity with immediate income and strong upside! This brick quadplex currently generates $4,125 per month in rental income, with three units leased at $1,375 per month. One unit is currently available, providing an opportunity to increase rental income at current market rates or accommodate an owner-occupant. Each unit offers a functional 2-bedroom, 1-bath floor plan with strong rental appeal. Situated just outside the Savannah city limits, investors benefit from no City of Savannah property taxes, helping maximize long-term returns. Conveniently located near Savannah State University, shopping, restaurants, hospitals, and major commuter routes, this well-maintained property features off-street parking and covered front porches. Whether you're expanding your investment portfolio or completing a 1031 exchange, this is an excellent opportunity to acquire a proven income-producing asset with immediate upside potential.
Broker Details
Better Homes and Gardens Real 912-303-8405
MLS ID: 439242 State License Number: 439242
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $525,000 |
| No. of Units: | 4 |
| Year Built: | 1978 |
| Lot Size: | 3,190.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $131,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-HIVEMLSNC-SA362686
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
1000 Adams Street, Unit 115
Bowling Green, KentuckyBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout