206 Bruce Street, Savannah, GA 31406
MULTI_FAMILY - Savannah, GA
Property Features for 206 Bruce Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
A detached 1-bedroom ADU provides separate, private living space. At 443 SF, it includes a full kitchen, living area, bedroom, walk-in closet, full bath, and in-unit laundry—suited for supplemental income, hosting extended guests, or creating a private workspace.
Utilities include public water and public sewer. Heating and cooling are central electric with central air, and the roof is composition. Off-street parking is available.
Key Highlights
- 0.17‑acre lot with 2,005 SF under construction, year built 2026
- Detached 1‑bedroom ADU with 443 SF, full kitchen, and in‑unit laundry
- Covered front porch, exposed rafters, and tongue‑and‑groove ceiling
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 | $32.5k | $16.20 |
| − Vacancy | −$2.1k | −$1.05 |
| EGI | $30.4k | $15.15 |
| − OpEx | −$9.1k | −$4.54 |
| NOI | $21.3k | $10.60 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 31406, GA
Market
Vacancy Rate% for Multifamily in South region