1203 E 33rd Street

Description

Discover an incredible fully renovated duplex situated in a prime location, offering enticing rental income potential. Positioned within close proximity to downtown Savannah & its attractions, SCAD, minutes to memorial hospital & more, this property caters to diverse rental audience, ensuring high occupancy rates & sustained profitability. Its features a new roof, granite counter tops, new bathrooms and original Victorian touches, guarantee both contemporary comfort and timeless appeal. You have a 2 bd 1.5 bath & a 3 bd 1 bath with a bonus room that can be a 4th bedroom. Backed by the area's upward trajectory & increasing rental rates, investors can anticipate substantial returns, with conservative projected rents of $50,400/yr and a robust cap rate of 8%. Huge opportunity as the furnished rental market grows tremendously. Tailored to multifamily property investors seeking a turnkey investment in Savannah's dynamic real estate landscape.