225 W 41st Street, Savannah, GA 31401
MULTI_FAMILY - Savannah, GA
- Added:
- Apr 2, 2026
- Days on Market:
- 60
- Last Refresh:
- May 31 at 6:06 pm
Property Features for 225 W 41st Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RIP
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 3
- Parking features
- Off Street
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 2007405001
- Size
- 2,704 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- LOT 59 & THE NORTHERN PT OF LOT 69 LOVELL WARD
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
Listing agent Taavo Roos License #382783 (912) 429-6729
Listing office Seabolt Real Estate 24 E Oglethorpe Avenue, Savannah, GA (912) 233-6609
Listing date Apr 2, 2026
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location: Two blocks from Starland Yard and close to SCAD and downtown Savannah, offering excellent walkability.
- Income‑producing potential: Features two separate units (3 bed/2 bath downstairs, 2 bed/2 bath upstairs) ideal for rental income or multi‑generational living.
- Historic charm: Showcases original details such as hardwood floors, high ceilings, and decorative fireplaces.
- Bright corner lot: Positioned on a corner lot, providing ample natural light and enhanced privacy.
- Spacious Layout: Generous living spaces and good flow in both units.
- Off‑street parking available.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.0k | $22.20 |
| − Vacancy | −$9.9k | −$3.66 |
| EGI | $50.1k | $18.54 |
| − OpEx | −$12.5k | −$4.63 |
| NOI | $37.6k | $13.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.104619
- Latitude
- 32.054448