4903 Laroche Ave, Savannah, GA 31404

$318,000
2
BD
1
BA
730
SqFt

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List Price
$318,000
Price Change
▼ $31,000 1789766363
MLS#
SA335602
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
2
Bathrooms
1
Living Area
730
Lot Size
83,200

Property Description

Rare 1.91-Acre Infill Opportunity Bordering Savannah State – Approved for 6 New Homes. Nearly 2-acre parcel in Savannah is a rare and highly profitable development opportunity. Zoned RSF-6 and previously evaluated for subdivision, the site is ideal for builders looking to construct six single-family homes in a rapidly growing corridor just steps from the booming Savannah State University. Existing 2-bed, 1-bath home is livable, currently tenant-occupied, month-to-month lease, but the highest and best use is redevelopment. With public water and sewer available, flood zone X (no flood insurance required), and no HOA restrictions, this offers a clear path to maximizing value. Projected resale prices for new construction are approximately $350,000+ per home, creating strong ROI potential for investors and builders. $200k to $400k profit. Easy access to Truman Parkway, downtown Savannah, and area amenities. Property sold as-is. Buyer to confirm zoning and subdivision feasibility.

Additional Information

Elementary School
Juliette Gordan Low
Middle School
Myers
High School
Johnson
Year Built
1940
Acres
1.91
Roof
Asphalt
Style
Other

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Calculator source: Real Geeks

Listing courtesy of Epique Realty.