1218 59Th St Savannah, GA 31404

This charming, single-family home in Savannah, Georgia, presents a compelling investment opportunity. Located at 1218 E 59th St, this 1,153 square foot bungalow sits on a 0.13-acre lot and boasts a fully renovated kitchen and bathrooms. The kitchen features contemporary stainless-steel appliances and minimalist cabinetry, while the bathrooms include stylish fixtures such as rainfall showerheads and floating vanities. Built in 1952, this one-story, Class A property is zoned RSF-5 (Residential Single-family-5) and offers convenient access to downtown Savannah, major hospitals, and Tybee Island. The property's projected cap rate is 8%, offering strong potential for rental income. The home is currently listed for $265,000 and is a turnkey property, ready for immediate occupancy, making it ideal for both personal use and rental purposes. Median rents in the area are approximately $2,500, further enhancing its investment appeal. The property's APN is 20097 40010. This meticulously updated home combines modern amenities with a classic Savannah charm, making it a highly desirable property in a prime location. The neutral color palettes and high-quality materials create a tranquil and stylish living space. This is a rare opportunity to acquire a well-maintained, high-yield investment property in a thriving Georgia market.