118 E Gaston St, Savannah, GA 31401
- $2,750,000
- 8
- BD
- 5
- BA
- 5,920
- SqFt
- List Price
- $2,750,000
- Status
- ACTIVE
- MLS#
- SA346755
- Days on Market
- 195
- Year Built
- 1870
- Bedrooms
- 8
- Bathrooms
- 5
- Half-baths
- 1
- Full-baths
- 4
- Living Area
- 5,920
- Acres
- 0.07
- Neighborhood
- Calhoun Ward
Property Description
Built in 1882 by renowned builder J.J. Hale, this exceptional four-story property offers a rare opportunity to own a premier multi-family residence just steps from Forsyth Park. Seamlessly blending historic grandeur with modern upgrades, the property is configured into three distinct living spaces, providing unmatched flexibility for investors, owner-occupants, or luxury short-term rental strategies. The main residence spans three levels and showcases 5 spacious bedrooms, 2.5 baths, soaring ceilings, elegant period details, and thoughtfully updated finishes throughout. The garden-level apartment offers a private 2-bedroom, 1-bath residence ideal for rental income, guests, or extended family. Completing the property is a separate carriage house above the private off-street garage, featuring a stylish 1-bedroom, 1-bath suite with excellent income potential. Full Non-Owner-Occupied STVR certificates provide exceptional flexibility — live in one unit while generating income from the others, or operate all units as luxury short-term rentals. The property may also be conveyed fully furnished, offering a true turnkey opportunity. Located in Savannah’s most coveted downtown corridor, 118 E Gaston is moments from acclaimed dining, shopping, and cultural landmarks. This is a rare chance to acquire a historic, income-producing asset in one of the city’s strongest rental markets.
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Additional Information
- Appliances
- Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Dryer, Refrigerator, Washer
- Interior Features
- Breakfast Area, Ceiling Fans, Entrance Foyer, High Ceilings, Other, Attic Stairs Pulldown, Recessed Lighting, Other, Fireplace(s)
- Cooling
- Central Air, Electric
- Heating
- Central, Electric
- Fireplaces
- 5
- Foundation
- Slab
- Roof
- Asphalt
- Exterior Features
- Balcony, Courtyard, Deck, Lighting
- Lot Information
- Alley, Back Yard, City Lot, Garden, Irregular Lot, Private
- Utilities
- Cable Available
- Water
- Public
Mortgage Calculator
Listing courtesy of Lighthouse Realty Professional.
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