1014 Abercorn St, Savannah, GA 31401
- $1,195,000
- 5
- BD
- 3
- BA
- 3,040
- SqFt
- List Price
- $1,195,000
- Status
- ACTIVE
- MLS#
- SA345388
- Price Change
- ▼ $100,000 1781806675
- Days on Market
- 220
- Year Built
- 1890
- Levels
- Two
- Bedrooms
- 5
- Bathrooms
- 3
- Full-baths
- 3
- Living Area
- 3,040
- Acres
- 0.04
Property Description
$130K+ Annual Income in Savannah’s Historic District! This Exceptional 3040Sqft, TC-1 Zoned Mixed-Use Property Is A Proven, High-Performing Short-Term Vacation Rental Currently Generating Over $130,000 Per Year, Offering Immediate Cash Flow With Outstanding Long-Term Flexibility. The Property Is Configured As A 5BR/3BA By Combining Two Distinct Units, Featuring Two Separate Living Rooms, Ideal For Large Groups, Multi-Family Stays, Or Flexible Occupancy. The Ground-Level Unit Is Approved For Retail Or Commercial Use Under TC-1 Zoning And Can Easily Be Converted To A Boutique, Office, Café, Gallery, Studio, Or Service-Oriented Business, While The Upper Level Remains Residential, Creating A Rare Opportunity To Live In One Unit, Rent The Other, Or Create A Seamless Work/Live Combination In The Heart Of The Historic District. TC-1 Zoning Supports A Broad Range Of Commercial, Office, Service, And Residential Uses, Enhancing Both Adaptability And Long-Term Value. Continue Operating As A Lucrative STVR, Separate The Units For Multiple Income Streams, Owner-Occupy One Level While Leasing The Other, Or Reposition The Property As A Classic Mixed-Use Asset With Commercial Revenue Below And Residential Living Or Rental Income Above. Ideally Located In A Highly Walkable Setting Surrounded By Savannah’s Iconic Architecture, Shopping, Dining, Cultural Landmarks, And Downtown Amenities. This Property Offers Rare Zoning, Strong Income, And Multiple Exit Strategies In One Of Savannah’s Most Sought-After And Tightly Held Districts.
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Additional Information
- Appliances
- Some Gas Appliances, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Interior Features
- Breakfast Area, Breakfast Area, Kitchen Island, Attic Stairs Pulldown, Separate Shower, Primary Upstairs, Vanity
- Cooling
- Central Air, Electric
- Heating
- Central, Electric
- Foundation
- Slab
- Roof
- Rubber, Rolled Hot Mop
- Exterior Features
- Balcony
- Lot Information
- Corner Lot, City Lot, Level
- Utilities
- Cable Available
- Water
- Public
Mortgage Calculator
Listing courtesy of Jenny Rutherford Real Estate,.
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