SoldMay 3, 2024

Listed by Brett Strickland

Bought with David Johnson

Source: Savannah Board of Realtors #307338

116 E Henry St, Savannah, GA, 31401

$740,000

4
3
2016 sq. ft.
3049 sq. ft.

Duplex

21 days on the market

Sold: May 3, 2024

What's around 116 E Henry St

About this property

Duplex with 2 (two) Non-owner Occupied STVR certificates and recent approval for an ADU located in the heart of the Victorian District. Remarkable value add opportunity for one looking to partake in the growth and upside of the southern Victorian District and Historic Streetcar District. Only two blocks away from Savannah?s landmark historic Forsyth Park, 116 E Henry?s location makes it appealing for a multitude of reasons including: walkability to major points of interest, proximity to SCAD buildings, popular restaurants and nightlife. Once repositioned, similar STVR comps indicate an annual average gross revenue of $127, 000. Unit Mix: (Downstairs - 2 Bed/2 Bath) and (Upstairs - 2 Bed/ 1 Bath). Don?t miss this opportunity to acquire 2 investment units with the potential of 3 with an ADU in one of the most booming areas of Savannah.

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