Two-Unit Duplex with
For Sale
$285,000
1207 E Bolton St, Savannah, GA 31404
Each residence offers two bedrooms, one bath, and appliances conveyed with the sale.
Property Size2,254 SF
Price / SF$126.44
Days on Market283
Property Features for 1207 E Bolton St
General Information
Standard status
Active
Size
2,254 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
Scott Realty Professionals
Listed By:
Stephanie L. Hamilton · License #336323
(912) 349-7766
Source:
Searchgreateraugustahomes
Added: Jan 5
Changed: Oct 1
Last Checked: Oct 14 at 11:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scott Realty Professionals
Investment Insights
Based on property information with market context.
This 2,254-square-foot duplex, built in 1900, contains two residential units. Each unit is configured with two bedrooms and one bathroom, and the appliances in both residences convey with the sale. The source information also identifies potential for a third bedroom in each unit.
The property is located at 1207 E Bolton St in Savannah, GA 31404, within minutes of Historic Downtown Savannah and approximately 25 minutes from Tybee Island. The two-unit layout supports an owner-occupancy arrangement with the ability to lease the other residence, as described in the property information.
The property is located at 1207 E Bolton St in Savannah, GA 31404, within minutes of Historic Downtown Savannah and approximately 25 minutes from Tybee Island. The two-unit layout supports an owner-occupancy arrangement with the ability to lease the other residence, as described in the property information.
Key Highlights
- Two‑unit duplex totaling 2,254 square feet
- Built in 1900
- Each unit has 2 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,899
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,980
$478.0K
Cap Rate 7%
$341,414
$341.4K
Cap Rate 9%
$265,544
$265.5K
Market Conditions
NOI Build-Up for 2,254 SF
Gross rent
$36.5K $16.20/SF
− Vacancy
−$2.4K −$1.05/SF
EGI
$34.1K $15.15/SF
− OpEx
−$10.2K −$4.54/SF
NOI
$23.9K $10.60/SF
Area
Savannah, GA
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,980
Cap Rate 7%
$341,414
Cap Rate 9%
$265,544
Alternative Uses
Best Use
Multifamily LT 5
$341.4K
$298.7K – $398.3K
NOI $23,899 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$316.6K
$277.0K – $369.4K
NOI $22,163 @ 7.0% cap · market cap 7.78%
Theoretical Best
Warehouse
$2.11M
$1.84M – $2.46M
NOI $147,456 @ 7.0% cap · market cap 51.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 31404, GA
31,530
Population
14,427
Households
2.2
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
2,301
Density / Sq Mi
$49,805
Median Household Income
$31,620
Median Earnings
$1,199
Median Rent
$193,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, one bath, and appliances conveyed with the sale.
Where is this duplex located?
The property is located at 1207 E Bolton St Savannah, GA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,254 square feet; Built in 1900; Each unit has 2 bedrooms and 1 bath
