11 Hampstead Ave, Savannah, GA 31405

$649,000
8
BD
4
BA
3,066
SqFt

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List Price
$649,000
MLS#
SA364270
Status
ACTIVE
Year Built
1963
Style
Bungalow
Bedrooms
8
Bathrooms
4
Living Sq. Ft
3,066
Acres
0.33
County
Chatham

Property Description

This well-located property features two brick duplex buildings with four total units, making it an excellent opportunity for investors seeking an established rental property in the Savannah area. Each single-story unit offers approximately 760 square feet with 2 bedrooms and 1 full bathroom, along with a small private courtyard/outdoor space. The property is fully tenant occupied and currently generates $4,700 in gross monthly rental income, providing immediate rental income for the new owner. All four units have a functional, efficient layout with comfortable living spaces, and the single-story design offers convenient accessibility for tenants. Major updates include roofs replaced in 2024 and newer HVAC units, helping provide peace of mind. The property's location near Hunter Army Airfield and Savannah Technical College adds to its rental appeal and places tenants close to employment, education, shopping, dining, and major Savannah-area roadways. This property offers an opportunity to add a stabilized multifamily asset to an investment portfolio or begin building one with multiple income-producing units.

Additional Information

Heating
Central, Natural Gas
Cooling
Central Air, Electric
Water
Public
Foundation
Slab
Appliances
LP Gas Water Heater

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Calculator source: Real Geeks

Listing courtesy of AXEN Realty LLC.