8 Lewis Dr, Savannah, GA 31406
- $565,000
- 8
- BD
- 8
- BA
- 4,310
- SqFt
- List Price
- $565,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- SA362674
- Subtype
- Residential Income
- Year Built
- 1977
- Bedrooms
- 8
- Bathrooms
- 8
- Full Baths
- 4
- Half Baths
- 4
- Living Area
- 4,310
- Lot Size
- 4,356
- Acres
- 0.10
- Subdivision
- Towngates Apts
- Neighborhood
- Towngates Apts
Property Description
Excellent investment opportunity in Savannah! Fully occupied 4-unit quadplex generating $5,950 in monthly rental income, with three units leased at $1,500/month and one unit at $1,450/month. Each unit offers 2 bedrooms and 1.5 bathrooms, providing a desirable floor plan for long-term tenants. Recent improvements include new window heat pump HVAC units in every apartment, helping reduce future maintenance costs. The property offers off-street parking and a courtyard-style layout and is conveniently located near shopping, dining, Hunter Army Airfield, and major commuter routes. Whether you're adding to your portfolio or completing a 1031 exchange, this income-producing property offers immediate cash flow with all four units occupied.
Additional Information
- Exterior Features
- Courtyard
- Zoning
- PUDM
- Flooring
- Vinyl
- Appliances
- Electric Water Heater, Oven, Range, Refrigerator
- Heating
- Central, Electric, Heat Pump, Window Unit(s)
- Air Conditioning
- Central Air, Electric, Heat Pump, Window/Wall
- Parking Features
- Off Street
Listing courtesy of Better Homes and Gardens Real.