1314 2nd AVE Pending

Tybee Island,GA 31328

$ 1150000

5 Beds

3 Baths

3024 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,024 sqft

Price per Sqft $380

MLS Listing ID 317037

Style Traditional

Bedrooms 5

Full Baths 3

Year Built 1930

Annual Tax Amount $11,340

Tax Year 2023

Lot Size 4,748 Sqft

Property Description

This exceptional investment opportunity on Tybee Island features a multi-unit property with impressive rental potential. The upper unit is a 3/2, recently rented for $3,500 per month, boasts heart pine floors, crown molding, and a luxurious master suite with private outdoor spaces. The lower unit is a 2/2 commanding a steady $2,200 per month, contributing to a robust pro forma annual income. Both units share access to a beautifully landscaped backyard with an outdoor shower and a deck, enhancing tenant appeal. Just blocks from the beach, this property promises a steady stream of rental demand, making it an ideal acquisition for investors seeking to capitalize on Tybee Island's vibrant rental market.

Location

State GA

County Chatham

Zoning R2

Interior

Heating Central,Electric

Cooling Central Air,Electric

Laundry Washer Hookup,Dryer Hookup,Upper Level

Exterior

Utilities Available Underground Utilities

Building

Story 3

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional,1031 Exchange,FHA,Other,VA Loan

Listing Terms Cash,Conventional,1031 Exchange,FHA,Other,VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/sav/317037

View More
Favorite Go Tour