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    Savannah Multifamily Investment Opportunity Title is generated by Realmo AI

    4906 Bull Street, Savannah, GA 31405

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    Claim this Listing
    Pending
    $550,000

    MULTI_FAMILY - Savannah, GA

    Property size:
    3,458 SF
    Lot size:
    0.15 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    82
    Last Refresh:
    Jun 20 at 3:06 am

    Property Features for 4906 Bull Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RSF-10
    Bedrooms
    8
    Bathrooms
    6
    Rooms
    Bedroom 7, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1
    Parking features
    Off Street
    Interior features
    Ceiling Fan(s)
    Appliances
    Electric Water Heater, Oven, Range, Refrigerator
    Standard status
    Pending
    APN
    2011204002
    Size
    3,458 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S W PT LT 1 PEEPLES WD POPLAR GROVE
    Tax Annual Amount
    6840

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Space Heater
    Cooling system
    Electric, Wall Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    2
    Number of units
    6
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Sarah J. Pounders
    Sarah J. Pounders

    Listing agent Sarah J. Pounders License #394165

    Listing office Engel & Volkers 1650 E Victory Drive, Savannah, GA

    Listing date Mar 31, 2026

    MLS# SA352097 Listing URL

    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

    • 6‑unit multi‑family property with gross rent of $4,300/month
    • Unit mix: two 1 bed/1 bath, two 2 bed/2 bath, and two studios
    • Address includes 4906 Bull St (Units 1–4) and 4908 Bull St (Units A & B)
    • Brick construction with composition roof and off‑street parking
    • Public water and public sewer
    • Electric water heater; cooling includes wall/window units; heating via space heater

    Overview

    This multifamily property, located just outside of Ardsley Park and within walking distance of Habersham Village, contains a total of 6 units. The property includes 4906 Bull Street Units 1-4 and 4908 Bull Street Units A and B. The property is across the street from Sylvan Terrace. The building contains two 1-bedroom, 1-bath units; two 2-bedroom, 2-bath units; and two studio units. The gross rent is $4300 per month. The property is zoned RSF-10 and has a lot size of 0.154 acres. The building has 3458 square feet of space. The property is being sold in AS IS condition.

    Local Financial Insights For Apartment 5plus

    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 $66.0k $19.08
    − Vacancy −$4.2k −$1.20
    EGI $61.8k $17.88
    − OpEx −$27.8k −$8.05
    NOI $34.0k $9.83
    3,458 SF · lease $19.08/SF/yr · vacancy 6.30% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $485.7K
    $425.0K – $566.7K (±1% cap)
    NOI $34,002 @ 7.0% cap · market cap 6.18%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $3.23M
    $2.83M – $3.77M (±1% cap)
    NOI $226,221 @ 7.0% cap · market cap 41.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.109059
    Latitude
    32.033614

    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property near Ardsley Park, Savannah.
    Where is this apartment building located?
    The property is located at 4906 Bull Street Savannah, GA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 6‑unit multi‑family property with gross rent of $4,300/month; Unit mix: two 1 bed/1 bath, two 2 bed/2 bath, and two studios; Address includes 4906 Bull St (Units 1–4) and 4908 Bull St (Units A & B)
    More about this property
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