Richmond Hill Multi-Family
236 Frugality Hall Road, Richmond Hill, GA 31324
- Added:
- Apr 3, 2026
- Days on Market:
- 61
- Last Refresh:
- Jun 2 at 4:06 pm
Property Features for 236 Frugality Hall Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Bathroom 4
- Parking features
- RV
- Patio and Porch features
- Deck, Porch, Patio
- Interior features
- Fireplace
- Exterior features
- Deck
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Standard status
- Pending
- APN
- 055 029
- Size
- 2,304 SF
- Lot size
- 1.73 Acres
Taxes and HOA fees
- Tax Description
- LOT 9B FRUGALITY HALL PH2
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 1989
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Vinyl Siding
- Architectural style
- Other
- Additional Structures
- Outbuilding
Listing agent Amy Mitchell License #400711 (770) 317-4957
Listing office Seaport Real Estate Group 7301 Waters Avenue, Savannah, GA (912) 202-2042
Listing date Apr 3, 2026
MLS# SA352853
Listing URL
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
- Almost 2 fenced acres in Richmond Hill, offering space and privacy.
- Detached 576 sq ft accessory unit with kitchen and full bath, ideal for guest suite or office.
- Pole barn with 30 and 50 amp service and separate sewer hookup, suitable for RV or boat storage.
- Key updates including HVAC (2022), new flooring (2026), and new primary shower (2026). New windows installed in 2016.
- Located just outside Richmond Hill city limits (no city taxes) with proximity to I‑95, Hwy 17, schools, shopping, and recreation.
- Additional metal outbuilding and attached carport provide covered parking and storage.
Overview
Located just outside Richmond Hill city limits in Bryan County, this property features almost 2 fenced acres. The main home has been updated with new windows in 2016, HVAC replacement in 2022, new flooring, and a newly replaced primary shower. A detached, recently finished 576 sq ft accessory unit includes a kitchen and full bath, suitable as a guest suite, private office, or income-producing apartment. The property also offers potential for passive income. A pole barn equipped with 30 and 50 amp service and a separate sewer hookup is suited for RV use, workshop space, or boat storage. Additional covered parking and storage are available via a metal outbuilding and attached carport. The land is suited for gardening, hobby farming, or chickens. The layout supports a variety of uses. Proximity to I-95, Hwy 17, schools, shopping, and recreation. The property includes a 2304 sq ft main home.
Local Financial Insights For Apartment 5plus
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 | $44.0k | $19.08 |
| − Vacancy | −$2.8k | −$1.20 |
| EGI | $41.2k | $17.88 |
| − OpEx | −$18.5k | −$8.05 |
| NOI | $22.7k | $9.83 |
2,304 SF · lease $19.08/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$323.6K
$283.2K – $377.6K
NOI $22,655 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.15M
$1.88M – $2.51M
NOI $150,727 @ 7.0% cap · market cap 43.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Richmond Hill
- County
- Bryan
- State
- Georgia
- Longitude
- -81.300717
- Latitude
- 31.900303
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Spacious property with accessory unit near Richmond Hill.
Where is this single family property located?
The property is located at 236 Frugality Hall Road Richmond Hill, GA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Almost 2 fenced acres in Richmond Hill, offering space and privacy.; Detached 576 sq ft accessory unit with kitchen and full bath, ideal for guest suite or office.; Pole barn with 30 and 50 amp service and separate sewer hookup, suitable for RV or boat storage.
