1312 Butler AVE Pending

Tybee Island,GA 31328

$ 2995000

12 Beds

11 Baths

5831 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,831 sqft

Price per Sqft $513

MLS Listing ID 298298

Bedrooms 12

Full Baths 11

Year Built 1910

Annual Tax Amount $13,107

Tax Year 2022

Lot Size 0.500 Acres

Property Description

This historic inn grosses over $386,000 in income and has eight (8) separate apartments. It was originally built in 1910 and has been a favorite vacation site for all the years since. The current owners bought the property in 2019 and began major renovation - all units were upgraded and new furnishings were placed - the entire front from Butler Ave. to the building has been placed with brick pavers, Landscaping and a turnaround with ample parking for all guests. A large inground pool has been added for additional pleasure that is heated and cooled. There is a 5 foot access easement to the ocean' There is a coin operated laundry as well as commercial ice dispenser. The units vary in size from efficiency to large 3 bedroom apartment (that could easily be owner's residence). This property is located in an "X" zone and flood insurance not required. Please check Desoto Beach rentals (Georgiann Inn) for more pictures of individual apartments.

Location

State GA

County Chatham

Zoning C-1

Interior

Heating Electric,Heat Pump

Cooling Central Air,Electric

Flooring Carpet,Hardwood,Tile

Inclusions Alarm-Smoke/Fire,Ceiling Fans,Dryer,Refrigerator

Laundry Washer Hookup,Dryer Hookup,Laundry Room

Exterior

Exterior Feature Balcony,Porch

Parking Features Off Street

Garage Spaces 13.0

Garage Description 13.0

Fence Privacy,Yard Fenced

Pool Heated,In Ground

Utilities Available Cable Available,Underground Utilities

Roof Type Composition

Building

Lot Description Interior Lot

Story 2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Tima

Middle Schools Coastal

High Schools Islands

Others

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

Special Listing Condition Standard

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