8 Lewis Dr, Savannah, GA 31406

$525,000
8
BD
8
BA
4,310
SqFt

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List Price
$525,000
Price Change
▼ $40,000 1790112807
MLS#
SA362674
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
Subtype
Quadruplex
Bedrooms
8
Bathrooms
8
Living Area
4,310
Lot Size
4,356
Subdivision
Towngates Apts

Property Description

Excellent investment opportunity in Savannah! Fully occupied 4-unit quadplex generating $5,950 in monthly rental income, with three units leased at $1,500/month and one unit at $1,450/month. Each unit offers 2 bedrooms and 1.5 bathrooms, providing a desirable floor plan for long-term tenants. Recent improvements include new window heat pump HVAC units in every apartment, helping reduce future maintenance costs. The property offers off-street parking and a courtyard-style layout and is conveniently located near shopping, dining, Hunter Army Airfield, and major commuter routes. Whether you're adding to your portfolio or completing a 1031 exchange, this income-producing property offers immediate cash flow with all four units occupied.

Additional Information

Year Built
1977
Acres
0.10
Exterior Features
Courtyard
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Listing courtesy of Better Homes and Gardens Real.