720 Waters AVE, Savannah, GA 31404
720 Waters AVE, Savannah, GA 31404
720 Waters AVE, Savannah, GA 31404
720 Waters AVE, Savannah, GA 31404
720 Waters AVE, Savannah, GA 31404
720 Waters AVE, Savannah, GA 31404
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 405,000
Est. payment | /mo

4 Beds

2 Baths

1,268 SqFt


Save
$ 405,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,268 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,268 sqft

Price per Sqft $319

MLS Listing ID SA360346

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1914

Lot Size 1,960 Sqft

Acres 0.045

Property Sub-Type Duplex

Source SAV

Property Description

Welcome to 720 Waters Ave, a fully leased legal duplex in the heart of Savannah, GA! This turnkey
investment property is a rare find for real estate investors and house hackers searching for multi-family
homes for sale in Savannah, offering 4 bedrooms and 2 bathrooms total across two separate units.
This income-producing rental property is already generating $38,400 in gross annual rental income, with both units occupied and cash flowing from day one of ownership. Step inside to find an updated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, wide-plank flooring throughout, and a fully renovated bathroom with a marble tile surround. Both units offer in-unit washer and dryer connections for added convenience, a rare perk for a Savannah rental property.
Unit 720A is leased month-to-month at $1,600/month. Unit 720B is secured on a fixed lease through April 2027 at $1,600/month, with immediate cash flow and no vacancy risk to start.
Outside, enjoy a classic covered front porch perfect for rocking chairs and Savannah evenings, plus offstreet parking for both units. Whether you're a seasoned investor building a rental portfolio, or a first-time buyer exploring house hacking in Savannah, this fully occupied duplex checks every box. Schedule your private showing today, income-producing multi-family homes like this in Savannah don't last long!

Location

State GA

County Chatham

Zoning R4

Direction Waters just off of Gwinnett

Rooms

Basement Crawl Space

Interior

Interior Features Pull Down Attic Stairs

Heating Central, Electric

Cooling Central Air, Electric

Flooring Vinyl

Appliance Dishwasher, Electric Water Heater, Refrigerator

Laundry Washer Hookup

Exterior

Parking Features Off Street

Roof Type Asphalt

Porch Front Porch

Garage No

Building

Lot Description Alley, City Lot

Foundation Crawlspace

Water Public

Architectural Style Traditional

Level or Stories 2

Others

Tax ID 2003429015

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Keller Williams Coastal Area P

Nearby Locations

GET MORE INFORMATION

Jody Wainio
Jody Wainio

REALTOR®, Managing Broker, Lead Broker | Lic# 117999

+1(910) 232-4635

1001 Military Cutoff Rd. Suite 101, Wilmington, NC 28405

Name
Phone*
Message

Go tour this home

720 Waters AVE