2511 Oak Forest Dr, Savannah, GA 31404

$595,000
8
BD
4
BA
3,190
SqFt

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List Price
$595,000
MLS#
SA362686
Type
Multifamily
City
Savannah
County
Chatham
Subdivision
Oak Forest Sub
Bedrooms
8
Bathrooms
4
Living Area
3,190
Year Built
1978

Property Description

Outstanding investment opportunity with immediate income and strong upside! This brick quadplex currently generates $4,125 per month in rental income, with three units leased at $1,375 per month. One unit is currently available, providing an immediate opportunity to increase rental income at current market rates or accommodate an owner-occupant. Each unit offers a functional 2-bedroom, 1-bath floor plan with strong rental appeal. Situated just outside the Savannah city limits, investors benefit from no City of Savannah property taxes, helping maximize long-term returns. Conveniently located near Savannah State University, shopping, restaurants, hospitals, and major commuter routes, this well-maintained property features off-street parking and covered front porches. Whether you're expanding your investment portfolio or completing a 1031 exchange, this is an excellent opportunity to acquire a proven income-producing asset with immediate upside potential.

Additional Information

Zoning
I-P

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Calculator source: Real Geeks

Listing courtesy of Better Homes and Gardens Real.