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Renovated Triplex Near Historic District

8-10 Mastick Street Savannah, GA 31404

8-10 Mastick Street, Savannah, GA, 31404
$715,000
For Sale
$715,000

MULTI_FAMILY - Ranch - Savannah, GA

Property Size3,281 SF
Lot Size0.18 Acres
Price / SF$217.92
Days on Market390

Property Features for 8-10 Mastick Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Zoning
IL
Bedrooms
6
Bathrooms
6
Rooms
Bedroom 3, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2
Parking features
Off Street
Patio and Porch features
Deck
Interior features
Pull Down Attic Stairs
Exterior features
Deck
Appliances
Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Washer
Standard status
Active
APN
2004105009 and 010
Size
3,281 SF
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
132 BRINKHAM WD
Tax Annual Amount
2028

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central, Heat Pump (Heating)
Cooling system
Central Air, Electric, Heat Pump
Water source
Public

Building Details

Year built
1950
Floors in Building
1
Number of units
3
Building materials
Concrete
Roof type
Asphalt
Architectural style
Ranch
Listing Agency Seabolt Real Estate
24 E Oglethorpe Avenue, Savannah, GA
Listed by Ruth G. Seese · License #268172
Added: Jun 27, 2025 Updated: Jul 18 at 7:22 am Checked: Jul 21 at 3:06 am
MLS# SA333461

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.


Investment Insights

Based on property information with market context.

Located at 8 & 10 Mastick Street in Savannah, this fully renovated triplex spans two lots. The property is situated near the Historic District and the Gordonston neighborhood. The property has been updated, including the roof, siding, windows, doors, flooring, fixtures, kitchens, and baths. The property is move-in-ready with modern finishes. The property offers flexibility as a primary residence with built-in income potential or as an investment opportunity. The multi-unit setup allows the owner to live in one unit and rent the others, or maximize income with all three units. The property is located in a convenient and rapidly growing area. The lot size is 0.18 acres and the property size is 3281 square feet. The zoning is IL.

Key Highlights

  • Fully renovated triplex at 8 & 10 Mastick Street in Savannah (two lots) built in 1950 with a ranch style.
  • Renovations listed include roof, siding, windows, doors, flooring, fixtures, kitchens, and baths.
  • Central HVAC with central air plus electric and heat pump heating and cooling.

Local Financial Insights For Multifamily LT 5

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 $53.2k $16.20
− Vacancy −$3.5k −$1.05
EGI $49.7k $15.15
− OpEx −$14.9k −$4.54
NOI $34.8k $10.60
3,281 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$497.0K
$434.9K – $579.8K (±1% cap)
NOI $34,788 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$460.9K
$403.3K – $537.7K (±1% cap)
NOI $32,262 @ 7.0% cap · market cap 4.51%
Theoretical Best
Warehouse
$3.07M
$2.68M – $3.58M (±1% cap)
NOI $214,641 @ 7.0% cap · market cap 30.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Dental Office Real Estate Agency Spa & Massage Center Building Supply Hair Salon Skin Care Clinic Gym & Fitness Center Accounting Firm Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Fully renovated triplex near Savannah's Historic District, ideal for investors.
Where is this triplex located?
The property is located at 8-10 Mastick Street Savannah, GA.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Fully renovated triplex at 8 & 10 Mastick Street in Savannah (two lots) built in 1950 with a ranch style.; Renovations listed include roof, siding, windows, doors, flooring, fixtures, kitchens, and baths.; Central HVAC with central air plus electric and heat pump heating and cooling.
Contact an agent
More about this property
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