126 W 59th Street, Savannah, GA 31405
MULTI_FAMILY - Savannah, GA
- Added:
- Apr 27, 2026
- Days on Market:
- 70
- Last Refresh:
- Jul 5 at 7:06 pm
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 1, Bedroom 3, Bedroom 4, Bathroom 2, 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
- 4BR/2BA duplex with two separate units (upper and lower), each offering 2 bedrooms and 1 bath
- Two detached garages on‑site
- Downstairs unit currently occupied; upstairs unit is vacant for immediate flexibility
- Central and electric heating with central air cooling
- Utilities include public water and public sewer
- Built in 1926 with vinyl siding
Overview
The property is located in Savannah, Georgia on W 59th Street, within Chatham County. Public remarks indicate the home is about two blocks from Bull Street, positioning it near central area access for everyday errands and local connections.
For investors or owner-occupants seeking a duplex, the split upper/lower setup can support separate leasing and household needs. The presence of two detached garages may help reduce tenant friction around parking and storage. With the upstairs unit currently vacant, there is an opportunity to adjust leasing terms while retaining an existing occupant in the downstairs unit. Zoned RM25, this residential income property may fit buyers looking for multi-family flexibility within a straightforward duplex configuration.
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