540 E Taylor Street Savannah, GA $ 1,850,000
540 E Taylor Street
$ 1,850,000
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540 E Taylor Street

Savannah, GA, 31401
$ 1,850,000
Bedrooms7 Baths7.0 Sq 3,903

Monthly Estimate*

$ 12,923

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Commercial Property for sale in Savannah, GA

for $1,850,000 with 7 bedrooms and 7 full baths. This 3,903 square foot building was built in 1900 on a lot size of 0.06.

Charming c.1890 Multi Family Property meticulously remodeled/rebuilt in 2003, situated in the historic landmark district, presents a fantastic investment opportunity. This property features 4 units, boasting non-owner occupied short-term vacation rental certificates (STVR), generating an impressive annual income. The main level offers 2 bedrooms and 2 bathrooms. Unit B comprises 2 bedrooms and 2 bathrooms. Unit C is a cozy studio, and Unit D is a quaint 2 bedroom, 2 bathroom cottage. Enjoy a private courtyard that complements the allure of the main Level. Don't miss this unique investment chance in a coveted historic location which is a short distance to all that is uniquely Savannah and offers a tranquil setting! Click Reel at top for an Interactive 3-d Video

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Commercial Active

Price

$ 1,850,000

Bedrooms

7

Full Bath

7

Property Type

Commercial

Taxes

$ 0

Style

MultiFamily

Lot Size

0.06

Year Built

1900

Town/City

Savannah

County/Region

Chatham

MLS | Web ID

306978

Features
General
Interior Features Fireplace
Sewer PublicSewer
Heating Electric HeatPump Zoned
Cooling Electric HeatPump Zoned
Utilities CableAvailable
Possession CloseOfEscrow
Roof Composition
Appliances Dryer Dishwasher ElectricWaterHeater Disposal Microwave Oven PlumbedForIceMaker Range Refrigerator Washer
Zoning RM40
Architectural Style Traditional
Security Features FireAlarm
Construction Materials WoodSiding
Exclusions Main Unit Furnishings
Year Built 1900
Property SubType MultiFamily
Current Use HotelMotel Residential ServiceBusiness SpecialUse
Percent Ownership Homeowner/Owner
Gross Income 115000.0
Community Features Playground StreetLights Sidewalks
Accessibility None
County Chatham County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Possible Use HotelMotel
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions From the riverfront area take East Broad south to Taylor Street (one-way street). The home will be in the first block on the right
City Savannah
Buyer Agent Compensation 2.4
View Y/N N
Senior Community Y/N N
Zoning Description Commercial Mixed use Multi Family
Lot Size Square Feet 2614.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Taylor
Listing Terms ARM Cash Conventional Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=zKRoJ8hznHm&brand=0
Standard Status Active
Occupancy Description Owner
Property Sub Type Additional MultiFamily
Expected Active Date 2024-03-01
Legal Description WEST 28 FEET OF LOT 8 DAVIS WARD EASEMENT REF: 42P 88 EASEMENT PRB 46P 1
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Interior
Basement None
Flooring Carpet Hardwood
Furnished Y/N Furnished
Total Stories 3
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 7
Street Suffix Street
Laundry Features WasherHookup DryerHookup
Total Bedrooms 7
Electric On Property Y/N N
Total Baths 7
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Exterior
Fencing Wood
Water Source Public
Total Parking 2.0
Lot Size Area 0.06
Foundation Details PillarPostPier Raised
Spa N
Lot Dimensions 28 X 100
Lot Size Acres 0.06
Road Surface Type Asphalt
Lot Size Units Acres
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Number of Lots 1
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 540
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* Excluded Features
List By
Bhhs Bay Street Realty Group

Broker

ldimarco@baystreetrealtygroup.com

Email

Affordability Calculator

$12,923
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,923
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
298105 Elementary School
298323 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2024$1,850,000 Listed Price

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540 E Taylor Street, Savannah, GA, 31401 is a Commercial Property for sale at $1,850,000 with 3,903 sqft and a lot size of 0.06. 540 E Taylor Street has 7 bedrooms, 7.0 baths, and was built in 1900. The property's zip code is 31401 which is in Savannah, GA