1016 E Bolton Street Savannah, GA 31401
MULTI_FAMILY - Savannah, GA
Property Features for 1016 E Bolton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4
- Parking features
- On Street
- Patio and Porch features
- Porch
- Fireplace
- 1
- Appliances
- Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 2-0042-03-006
- Size
- 2,208 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- LOT LETTER A SUB OF LOTS 19, 20,
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1927
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Wood Siding
Listing agent Heather Murphy License #277893 (912) 398-6368
Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA (912) 356-5001
Listing date Apr 13, 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.
Investment Insights
Based on property information with market context.
The property is located in Savannah, GA 31401, in a walkable area described as convenient to Historic Downtown Savannah, SCAD, hospitals, parks, restaurants, shopping, and the Truman Parkway. The listing notes that key amenities and employment or education destinations are within minutes, supporting a broad range of tenant and resident needs.
For buyers, this duplex can fit an owner-occupant scenario where you live in one unit while renting the other, or it can be purchased purely for rental income given the existing two-unit structure. With its maintained condition, hardwood flooring, and repeatable unit design, the property offers a practical setup for those looking for a residential income asset in Savannah with straightforward management relative to non-mirrored configurations.
Key Highlights
- Income‑producing duplex with two 3‑bedroom, 1‑bath units for 6 bedrooms and 2 full baths total
- Hardwood flooring throughout both units
- Fireplace included
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 | $35.8k | $16.20 |
| − Vacancy | −$2.3k | −$1.05 |
| EGI | $33.4k | $15.15 |
| − OpEx | −$10.0k | −$4.54 |
| NOI | $23.4k | $10.60 |
