$3,900,000
$4,250,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
130 Alfred Savannah, GA 31408
2 Beds
2 Baths
48,000 SqFt
Key Details
Sold Price $3,900,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 48,000 sqft
Price per Sqft $81
MLS Listing ID SA336086
Sold Date 09/30/25
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1982
Contingent Due Diligence
Lot Size 4.240 Acres
Acres 4.24
Property Sub-Type Multi Family
Property Description
Incredible opportunity to own a Stabilized 44-unit Multi-Family complex just 5 minutes from Savannah's Historic District! Built in 1982, this property spans 8 separate buildings across 4+ acres with convenient access to major roadways, public transportation, shopping, and dining. Property includes 16 spacious 1BD/1BA units at 900 SF and 28 two-story 2BD/1.5BA townhomes at 1,200 SF with washer/dryer hookups. On-site parking and trash service add to tenant convenience. Maintained 99% occupancy under current ownership for nearly 12 years with vacancies almost never lasting more than a couple of weeks, with many long-term tenants in place. Significant potential to raise rents to market rates and boost income. Large lot offers space for additional units, or additional development of community amenities—true value-add potential. Perfect for investors looking to expand their portfolio in the growing Savannah market.
Location
State GA
County Chatham
Zoning RMF
Rooms
Other Rooms Workshop
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Vinyl
Fireplace No
Appliance Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood
Exterior
Exterior Feature Patio
Parking Features Parking Lot
Fence Decorative, Metal, Privacy
Utilities Available Cable Available, Underground Utilities
Water Access Desc Public
Accessibility None
Porch Patio
Building
Story 2
Sewer Public Sewer
Water Public
Additional Building Workshop
Schools
Elementary Schools Bartow
Middle Schools Mercer
High Schools Groves
Others
Tax ID 20716 05027
Ownership Investor
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Seaport Real Estate Group
