Price Reduced ListingExcellent 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.
| MLS # | SA362674 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 88 |
| Listing Provided By | Better Homes and Gardens Real | Christopher C. Anderson |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 4,310 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | PUDM |
| Acreage | 0.10 |
| Property View | Panoramic |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air, Electric, Heat Pump, Window Unit(s) |
| Exterior Features | Courtyard |
|---|---|
| View | Panoramic |
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street, Parking Available |
| Utilities | Underground Utilities |
|---|
| Tax Legal Description | LOT 8 TOWNGATE APTS |
|---|---|
| Tax Year | 2025 |
| State | GA |
|---|---|
| County | Chatham |
| City | Savannah |
| Zip Code | 31406 |
| Community Name | Towngates Apts |
| Listing VS Median (in Towngates Apts) | |
Price: $450,000 low | high Med: $1,350 sqft: 4,310 low | high Med: 1,078 $ / sqft: $104 low | high Med: $1 On site: 88 low | high Med: 99 | |
| State | GA |
|---|---|
| County | Chatham |
| City | Savannah |
| Zip Code | 31406 |
| Community Name | Towngates Apts |
| Listing VS Median (in Towngates Apts) | |
Price: $450,000 low | high Med: $1,350 sqft: 4,310 low | high Med: 1,078 $ / sqft: $104 low | high Med: $1 On site: 88 low | high Med: 99 | |