Victorian Home in
512 W 44th St Savannah, GA 31405
512 W 44th St, Savannah, GA, 31405
Contact for pricing
For Sale
Contact for pricing
Pending
Charming Victorian home with original features, ideal for investors.
Property Size1,608 SF
Days on Market684
Property Features for 512 W 44th St
General Information
- Standard status
- Pending
- Size
- 1,608 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1924
Listing Agency
Keller Williams Coastal Area Partners
(912) 433-1072
Listed by
Brandon Fargo · License #GA 416596
Source
Crexi
Added: Sep 2, 2024 Checked: Jul 15 at 8:59 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Coastal Area Partners
Investment Insights
Based on property information with market context.
Located at 512 W 44th St, Savannah, this Victorian home features 3 bedrooms and 2 baths, with 1,608 square feet of living space. The property includes original hardwood floors and Victorian architectural details. The home is suitable for investors or those looking to customize the space. It also offers a spacious backyard and is conveniently located close to shopping, downtown, hospitals, and the Savannah College of Art and Design (SCAD).
Key Highlights
- Victorian home with original hardwood floors and Victorian features
- Convenient location close to shopping, downtown, hospitals, and SCAD
- Spacious backyard
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 | $26.0k | $16.20 |
| − Vacancy | −$1.7k | −$1.05 |
| EGI | $24.4k | $15.15 |
| − OpEx | −$7.3k | −$4.54 |
| NOI | $17.0k | $10.60 |
1,608 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$243.6K
$213.1K – $284.2K
NOI $17,049 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$225.9K
$197.6K – $263.5K
NOI $15,811 @ 7.0% cap · market cap 4.86%
Theoretical Best
Warehouse
$1.50M
$1.31M – $1.75M
NOI $105,195 @ 7.0% cap · market cap 32.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Charming Victorian home with original features, ideal for investors.
Where is this triplex located?
The property is located at 512 W 44th St Savannah, GA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Victorian home with original hardwood floors and Victorian features; Convenient location close to shopping, downtown, hospitals, and SCAD; Spacious backyard
