503 West 42nd Street

Savannah, GA 31415

$850,000
Price
8
Beds
4
Baths
3,564 Sq. Ft.
$238 / Sq. Ft.
3,564
Sq. Ft.
$238
per Sq. Ft.

Description

Welcome to an exceptional investment opportunity in the heart of Savannah's thriving landscape! This newly renovated quadplex combines contemporary design with modern amenities, offering an attractive prospect for both new and seasoned investors. The property boasts brand-new floors, fresh interior and exterior paint, and a new roof, ensuring a move-in-ready experience for tenants. With its stylish finishes and prime location just off MLK, this property offers unparalleled convenience and potential...Welcome to an exceptional investment opportunity in the heart of Savannah's thriving landscape! This newly renovated quadplex combines contemporary design with modern amenities, offering an attractive prospect for both new and seasoned investors. The property boasts brand-new floors, fresh interior and exterior paint, and a new roof, ensuring a move-in-ready experience for tenants. With its stylish finishes and prime location just off MLK, this property offers unparalleled convenience and potential for sustained rental income. Savannah's continuous growth enhances the appeal of this quadplex, presenting a chance to capitalize on the city's ever growing real estate market. Secure your stake in this vibrant community and enjoy the benefits of multiple streams of rental income and appreciation to come. Don't let this opportunity pass you by!
  1. Listed by Brent Sappe • Corcoran Austin Hill Realty
    P: (478) 319-7254 C: (478) 319-7254 brent@austinhillrealty.com

Property Details for 503 West 42nd Street

Waterfront
No
Zoning
BC

Location

Listing Courtesy of Corcoran Austin Hill Realty
Add your commute
LISTING UPDATED: 05/01/2024 01:15 PM

Property Details for 503 West 42nd Street

StatusActive
MLS #310302
Days on Market14
Taxes$6,072 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1950
Lot Size0.10 AC / 4,487 SF
CountyChatham County

Location

Listing Courtesy of Corcoran Austin Hill Realty
Add your commute

Building Information for 503 West 42nd Street

Stories2Residences-Year Built1950Building Size-Lot Size0.10 AC / 4,487 SF

Payment Calculator

$5,145 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$506

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 503 West 42nd Street

Summary
Location and General Information
  • County Or Parish: Chatham County
  • City: Savannah
  • Zoning Description: Commercial,Multi Family
  • Directions: From West Bay turn right onto MLK, then turn right on 42nd Street, quadplex will be second property on the left.
  • Latitude: 32.054535
  • Longitude: -81.107223
  • Postal City: Savannah
  • Unparsed Address: 503 W 42nd Street
  • State Or Province: GA
  • Postal Code: 31415
Taxes and HOA Information
  • Tax Annual Amount: $6,072.00
  • Tax Legal Description: NORTH PARTS LOTS 2 & NORTH PART OF LOT 3 MEYERS WARD
  • Tax Year: 2023
  • Association: No
  • Parcel Number: 2007342007
School Information
  • Elementary School: Hodge
  • Middle Or Junior School: Derenne
  • High School: Beach
Parking
  • Garage: No
Property
Lot Information
  • Property Sub Type Additional: Quadruplex
  • Living Area: 3,564.00
  • Living Area Source: Assessor
  • Lot Size Acres: 0.103
  • Lot Size Area: 0.103
  • Lot Size Dimensions: /4487
  • Lot Size Square Feet: 4487.0
  • Lot Size Units: Acres
  • Stories Total: 2
Property and Assessments
  • CLIP: 2,881,544,405
  • Year Built: 1950
  • Common Walls: No Common Walls
  • Number Of Units Total: 0
  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Yard Fenced
Interior Features
  • Appliances: Electric Water Heater
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
Rental
Rental Information
  • ListingTerms: ARM,Cash,Conventional,Item1031Exchange,FHA,Private Financing Available,VALoan

Property History for 503 West 42nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 503 West 42nd Street

Taxable ValueLand$10,800Additions$197,120Total$207,920
Home Facts
Total Finished SqFt3,564 SqFtAbove Grade Finished SqFt3,564 SqFtStories2Lot Size4,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950ZoningBCCountyCHATHAMAPN2-0073 -42-007

Schools near 503 West 42nd Street

This home is within Chatham County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Hodge Elementary School
PublicPK to 5

Derenne Middle School
Public6 to 8

Beach High School
Public9 to 12

Susie King Taylor Community School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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503 West 42nd Street is a multi-family home for sale in Savannah, GA 31415. This property was listed for sale on April 18, 2024 by Corcoran Austin Hill Realty, it's currently listed at $850,000. It has been on the market for a total of 14 days and was last sold on July 19, 2023. This listing's school district is Chatham County School District. Nearby schools include Hodge Elementary School, Derenne Middle School and Beach High School. 503 West 42nd Street is a 8-bed, 4-bath, 3,564 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Austin Hill Realty

Based on information from one of the following Multiple Listing Services: Savannah Multi-List Corporation. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Savannah Multi-List Corporation is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.