407 W 35th Street Savannah, GA 31401
MULTI_FAMILY - Victorian - Savannah, GA
Property Features for 407 W 35th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- TC-2
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 2
- Parking features
- Garage, Off Street
- Interior features
- Ceiling Fan(s), Fireplace
- Fencing
- Privacy
- Fireplace
- 1
- Appliances
- Some Electric Appliances, Some Gas Appliances, Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Range, Range Hood, Self Cleaning Oven, Tankless Water Heater, Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- 2006643011
- Size
- 2,928 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- WEST 15 FEET OF LOT 1 AND EAST 30 FEET OF LOT 2 DUNCAN WARD
- Tax Annual Amount
- 10332
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Architectural style
- Victorian
Listing agent Laura C. Celaya License #392133 (912) 210-1494
Listing office Realty One Group Inclusion 7025 Hodgson Memorial Dr Suite, Savannah, GA (912) 298-7200
Listing date Oct 6, 2025
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Restored 1920 Victorian duplex in Historic Savannah with 2 fully renovated units
- Unit A: 1,594 SF with 3 bedrooms, 2 bathrooms, and a primary suite with double vanity + walk‑in shower
- Unit A includes fireplaces plus a gourmet kitchen with gas cooktop, island, walk‑in pantry, and updated appliances
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 | $47.4k | $16.20 |
| − Vacancy | −$3.1k | −$1.05 |
| EGI | $44.4k | $15.15 |
| − OpEx | −$13.3k | −$4.54 |
| NOI | $31.0k | $10.60 |
