8 T.S. Chu Terrace Tybee Island, GA 31328

$1,190,000
8 T.S. Chu Terrace, Tybee Island, GA 31328
184556

Multi-Family Home for sale in Tybee Island, GA

for $1,190,000 with 6 bedrooms and 5 full baths. This 2,640 square foot home was built in 1930 on a lot size of 0.1300 Acre(s).

Property Information

  • $1,190,000
  • 6 Bedrooms
  • 5 Full Baths
  • Multi-Family
  • 2,640 Square Feet
  • Taxes are $5,155
  • Multiple Buildings
  • Active
  • 2 Floors
  • Lot size of 0.1300 Acre(s)
  • Built in 1930
  • Tybee Island, GA
  • Chatham County
  • MLS/Web ID is 184556

Description

Fantastic, fully renovated, multi-family historic building located steps away from Tybee's south end beachfront! Winner of the 2014 Historic Tybee Preservation Award. Excellent location within steps to the beachfront, restaurants, bars, shopping, and the famous Tybee pier. Highly successful vacation rental property sold turn-key and fully furnished. The property received a ground up restoration from 2 while maintaining the historic character of the structure. The building maintains mostly original wood floors, full kitchens in every unit, laundry on-site, handicap accessible, brick paver parking and the entire building is fire sprinkled throughout. This amazing building consists of (4) 1Bd / 1Ba units and (1) 2Bd / 1Ba unit with direct parking on site. The property is zoned C1 with many possibilities for investors or live on site while the remaining units bring retirement income. Rare and renovated historic multi-family buildings don't come for sale often, must see!!

Interior 9

Appliances

  • Convection Oven
  • Dishwasher
  • Electric Stove
  • Microwave
  • Refrigerator
  • Washer

Cooling System

  • Central Air
  • Electric Cooling

Flooring

  • Tile Flooring
  • Wood Floors

Furnished

  • Yes

Heating Source

  • Electric

Heating System

  • Central Heat

Room Features

  • Laundry/Utility Room

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 5

Construction

  • Frame
  • Wood

Exterior

  • Balcony
  • Covered Patio
  • Deck
  • Outdoor Lighting
  • Patio/Porch
  • Porch

Foundation

  • Block

Parking

  • 1-20 Parking Spaces
  • Assigned Parking
  • Off Street Parking
  • Parking Pad(s)

Siding

  • Press Board

Miscellaneous 5

Accessibility

  • Handicap Bath Features
  • Handicap Facility
  • No Step Entry

Location

  • Walk To Shopping

Other

  • Flood Insurance Required
  • No Warranty Included

Utilities

  • Cable

View

  • Ocean View

† Excluded Feature

Neighborhood & Schools

Elementary School: Maritime
Middle School: Coastal
High School: Islands

 See complete school information

Listed By

Broker: WATERLINE REAL ESTATE GROUP, LLC

8 T.S. Chu Terrace, Tybee Island, GA, 31328 is a Multi-Family Home for sale at $1,190,000 with 2,640 sqft and a lot size of 0.1300 Acre(s). 8 T.S. Chu Terrace has 6 bedrooms, 5.0 baths, and was built in 1930. The property's zip code is 31328 which is in Tybee Island, GA

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Pricing History

Date Price Price Change Description
3/27/2018 $1,190,000 -4.80 % Price Change
1/20/2018 $1,250,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Tybee Island $593,951 50 % below $477,000 60 % below
Multi-family listings in Tybee Island $970,429 18 % below $680,000 43 % below

Get the facts about Tybee Island, GA!

Population 3,142
Population Growth (since 2000) -7 %
Median Income $60,052
Median Age 55.65
Households w/ Children 8 %

Residential Dwellings

  • Owned 970
  • Vacant 1627
  • Rented 461

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363