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1014 Abercorn Street, Savannah, GA, 31401

5beds
3baths
3,040sqft
$1,295,000
$426price/sqft
$8,417/moest. monthly cost
$336,680/yrincome needed

About This Home

$130K+ Annual Income in Savannah’s Historic District! This Exceptional 3040Sqft, TC-1 Zoned Mixed-Use Property Is A Proven, High-Performing Short-Term Vacation Rental Currently Generating Over $130,000 Per Year, Offering Immediate Cash Flow With Outstanding Long-Term Flexibility. The Property Is Configured As A 5BR/3BA By Combining Two Distinct Units, Featuring Two Full Kitchens And Two Separate Living Rooms, Ideal For Large Groups, Multi-Family Stays, Or Flexible Occupancy. The Ground-Level Unit Is Approved For Retail Or Commercial Use Under TC-1 Zoning And Can Easily Be Converted To A Boutique, Office, Café, Gallery, Studio, Or Service-Oriented Business, While The Upper Level Remains Residential, Creating A Rare Opportunity To Live In One Unit, Rent The Other, Or Create A Seamless Work/Live Combination In The Heart Of The Historic District. TC-1 Zoning Supports A Broad Range Of Commercial, Office, Service, And Residential Uses, Enhancing Both Adaptability And Long-Term Value. Continue Operating As A Lucrative STVR, Separate The Units For Multiple Income Streams, Owner-Occupy One Level While Leasing The Other, Or Reposition The Property As A Classic Mixed-Use Asset With Commercial Revenue Below And Residential Living Or Rental Income Above. Ideally Located In A Highly Walkable Setting Surrounded By Savannah’s Iconic Architecture, Shopping, Dining, Cultural Landmarks, And Downtown Amenities. This Property Offers Rare Zoning, Strong Income, And Multiple Exit Strategies In One Of Savannah’s Most Sought-After And Tightly Held Districts. Seller is an LLC with a member who is a licensed real estate agent in the State of Georgia.

Getting Around

90
WalkingWalker's Paradise
0
TransitVery Limited Transit
84
BikeVery Bikeable

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Slab
  • Roof: Rubber,Rolled/Hot Mop
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Dishwasher,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Basement: None

Bathroom1

  • Level: Upper

Bathroom2

  • Level: Main

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Main

Bedroom4

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Breakfast Bar,Built-in Features,Breakfast Area,Gourmet Kitchen,Kitchen Island,Pull Down Attic Stairs,Separate Shower,Upper Level Primary,Vanity
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 3,040
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 3,040 sqft

Kitchen

  • Level: Upper

Kitchen

  • Level: Main

Living Room

  • Level: Upper

Living Room

  • Level: Main

Primary Bathroom

  • Level: Upper

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 2004427012
  • Zoning: TC-1
  • Zoning description: Commercial,Mixed use,Multi Family
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Balcony
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Panoramic

Lot

  • Lot size: 1,698 sqft
  • Features: Corner Lot,City Lot,Level

Parking

  • Parking features: Off Street