540 E Taylor Street
Savannah, GA 31401
- 7 beds
- 7 baths
- 3,847 sqft
- 2,614 sqft lot
- $486 per sqft
- 1870 build
Rare opportunity for 4 non-owner occupied short-term vacation rental units in heart of the Landmark Historic District. This property boast Net Operating Income (NOI) of $100,000/year. "Downstairs"currently owner occupied & utilized as a 2 bed/ 2 bath suite w/ private access to deck & courtyard; its potential income was factored into NOI. Two auxiliary units, each with full kitchens located upstairs & include 2 beds/ 2 baths on the second level and a cozy studio on 3rd floor. An entirely separate cottage/ carriage house can be accessed from the lane and offers kitchen, living room and two beds & baths. Tandem parking off lane accommodates 2 cars. This well maintained home boasts strong rental history, good reviews and future income. It's sold turn key with exception of owner's suite and items in courtyard. Steps from Forsyth Park, restaurants & shopping, it's expected to have continued appreciation and potential for increased income. Proforma & financials available upon request.
Last checked:
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Last updated Oct 2, 2024
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MLS# 314913 —
The Building
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Year Built:1870
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Construction Materials:WoodSiding,StickBuilt
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Architectural Style:Traditional
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Roof:Composition
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Stories Total:3
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Basement:false
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Basement:None
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Foundation Details:PillarPostPier,Raised
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Accessibility Features:None
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Common Walls:OneCommonWall
Interior
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Interior Features:Fireplace
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Fireplace:true
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Laundry Features:InKitchen,WasherHookup,DryerHookup
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Furnished:Furnished
Room Dimensions
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Living Area:3,847 Sqft
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Living Area Source:Plans
Location
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Directions:From the riverfront area, take East Broad south to Taylor Street (one-way street). The home will be in the first block on the right
The Property
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Property Attached:true
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Parcel Number:2003301023
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Zoning:RM40
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Zoning Description:Commercial,Mixed use,Multi Family
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# of Lots:1
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Lot Size Area:0.06
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Lot Size Acres:0.06
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Lot Size SqFt:2614.0
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Lot Size Dimensions:28 X 100
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Lot Size Units:Acres
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Road Surface Type:Asphalt
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Road Responsibility:PublicMaintainedRoad
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Fencing:Wood
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Waterfront:false
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Water Source:Public
Listing Agent
- Contact info:
- Agent phone:
- (912) 401-9401
- Office phone:
- (912) 355-4171
Taxes
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Tax Legal Description:WEST 28 FEET OF LOT 8 DAVIS WARD EASEMENT REF: 42P 88 EASEMENT PRB 46P 1
Beds
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Bedrooms Total:7
Baths
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Full Baths:7
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Total Baths:7
The Listing
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=b32gJehMArw
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Electric,HeatPump,Zoned
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Heating:true
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Cooling:Electric,HeatPump,Zoned
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
Appliances
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Appliances:Dryer,Dishwasher,ElectricWaterHeater,Disposal,Microwave,Oven,PlumbedForIceMaker,Range,Refrigerator,Washer
The Community
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Community Features:Playground
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Association:false
Parking
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Garage:false
Monthly cost estimate
Asking price
$1,870,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$10,013
|
| Taxes | N/A |
| Insurance | $514 |
| Utilities | $343 See report |
| Total | $10,870/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/22/24
Jul 22, 2024
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Price Changed | SMLC | $1,870,000 | 1.1% |
|
7/16/24
Jul 16, 2024
|
Listed / Active | SMLC | $1,850,000 |
