MLS Number: 205004
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Area | County: Savannah
Community | City: Historic Savannah
Location: 519 Broad
Savannah , GA
Beds: 7 | F. Baths: 5 | H. Baths: 1
Approx. SQFT: 5055
This 5,000sqft Victorian consists of 3 residential units & 1 retail unit on E. Broad St, facing the Matilde Beasley Park Gazebo. Each unit is a fully permitted vacation rental that has been renovated & furnished. The largest unit is 2,500sqft with 4 bedrooms & 3 bathrooms, each bedroom has a king bed. The 2nd unit is a 2 bedroom & the 3rd unit is a 1 bedroom. The expected gross income is $135,000. The large unit grossed $65,000 in 2018. The smaller units are expected to additionally gross $60,000. The retail unit will be delivered vacant & has rented for $10,000 per annum. There are several options such as live in the 2,500sqft unit or continue to operate all of the vacation units as a turnkey vacation rental business. A buyer could bulk purchase the property along with 516 East Macon (MLS #204902) which includes 3 additional permitted & furnished vacation rentals. This would include six STVR permits, turnkey business, website, & reservation system.
East Broad Street between Gaston and Huntingdon streets.