See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1014 Abercorn Street, Savannah, GA, 31401

5beds
3baths
3,040sqft
$1,195,000
$393price/sqft
$7,789/moest. monthly cost
$311,560/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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Earthquake
Heat Wave
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across Georgia Counties

Hurricane
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,042$72,504
Home Insurance *$646$7,752
Property Taxes $806$9,672
Electricity $295$3,544
Total$7,789$93,468
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$267,051/yr
40% on housing$233,670/yr
45% on housing$207,706/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.6%
3.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$393This listing

vs Other Active Listings

Avg $/sqft

ZIP 31401$368
Chatham County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 31401$321
Chatham County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Price change$1,295,000
2026-04-10Price change$1,395,000
2026-03-18Price change$1,480,000
2025-12-20Listed for sale$1,490,000
2015-03-31Sold$422,381
2004-08-03Sold$144,000

For Sale by Agent

AgentJennifer L. Rutherford
BrokerageJenny Rutherford Real Estate,

Similar Homes