309 Eugene Street, Savannah, GA 31406
MULTI_FAMILY - Savannah, GA
Property Features for 309 Eugene Street
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The main-level primary suite includes a walk-in closet and a tiled walk-in shower. Two additional upstairs bedrooms provide extra flexibility for guests, family, or other uses. The detached 443 SF ADU has its own private entrance and includes a full kitchen, living area, bedroom, full bath, walk-in closet, and laundry space.
Home utilities include public water and public sewer. Heating is central electric, and cooling is central air with electric. Construction materials include vinyl siding and wood siding, and the roof is composition. Off-street parking is available, and interior features include pull-down attic stairs. Estimated year built is 2026.
Key Highlights
- 0.17‑acre lot in Savannah, GA
- Total size of 2,005 SF with under‑construction build status
- Detached 443 SF 1‑bedroom ADU with private entrance, full kitchen, full bath, and laundry space
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