1323 E 48th St, Savannah, GA 31404

Property Description

Rare Income-Generating Jewel in Prime Parkside Location! Discover the perfect blend of historic Savannah charm and strong investment potential. Located just one block from vibrant recreation paths, pool, and sports fields of Daffin Park, this exceptional multi-family property features two separate buildings on a generous corner lot. It is an absolute dream for an investor looking for a turn-key income stream or an owner-occupant wanting a tenant to pay their mortgage! The house is gorgeous with a deep front porch leading you inside to a bright and airy 3-bedroom, 2-bath layout boasting gleaming hardwood floors, a sunny living room with a decorative fireplace, and a separate formal dining room. The interior features a beautifully renovated bathroom, a spacious laundry room with appliances, a newer central heating and air unit, and a massive floored attic brimming with expansion potential. It also enjoys its own private, fenced yard. Completely separate from the main house, the rear building features two independent units offering 2 bedrooms and 1 bathroom. The lower unit enjoys its own separate fenced yard space and covered porch and laundry room. With long-term stability and an exceptional location, the property commands an impressive $5,200 in total monthly rent. Off-street covered parking adds incredible convenience for residents. Enjoy ultimate walkability and convenience, located just minutes from Grayson Stadium (home of the Savannah Bananas), Whole Foods, local hospitals, and historic downtown Savannah! This turnkey brick multi-family property is a true neighborhood standout that will not last long.