126 W 59th Street, Savannah, GA 31405
MULTI_FAMILY - Savannah, GA
- Added:
- Apr 27, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 27 at 11:06 am
Property Features for 126 W 59th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM25
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2
- Fencing
- Chain Link
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 2009320008
- Size
- 1,560 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 12 13 14 BLK H HITCH WD
- Tax Annual Amount
- 2497
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Building materials
- Vinyl Siding
Listing agent Nathaniel Snyder License #375119 (912) 695-5245
Listing office Six Bricks LLC 210 E Park Avenue, Savannah, GA (912) 200-9044
Listing date Apr 27, 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
- Duplex built in 1926, split into an upper and lower unit, each with 2 bedrooms and 1 bathroom
- Two detached garages on the property
- Both units have 2BR/1BA layouts; total of 4 bedrooms and 2 bathrooms
- Central heating and central air with electric systems, plus an electric water heater
- Utilities include public water and public sewer
- Vinyl siding exterior with chain‑link fencing
Overview
Set on a spacious corner lot in Savannah, the home is listed in the RM25 zoning district. The property is located approximately two blocks from Bull Street, supporting convenient access to surrounding retail, dining, and services.
For buyers seeking a straightforward duplex structure, this arrangement can work well for an investor looking to lease both units or an owner-occupant who wants to live in one unit while managing the other. With a separate upper and lower configuration, the units can be operated independently, and the detached garages add practical storage and parking utility for residents. The corner lot and duplex design provide a simple, serviceable housing option in a residential income property format.
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 | $25.3k | $16.20 |
| − Vacancy | −$1.6k | −$1.05 |
| EGI | $23.6k | $15.15 |
| − OpEx | −$7.1k | −$4.54 |
| NOI | $16.5k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.109408
- Latitude
- 32.04096
