19 W 55th St, Savannah, GA 31405

$125,000
2
BD
1
BA
880
SqFt

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List Price
$125,000
MLS#
SA362058
Status
ACTIVE UNDER CONTRACT
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
2
Bathrooms
1
Living Area
880
Lot Size
7,850

Property Description

A straightforward opportunity west of Bull Street: a 2 bed, 1 bath cottage offering 880 square feet on a 0.18 acre lot. Built in 1950 with a functional footprint, the home is offered in as-is condition and is ready for a cosmetic or full renovation. The value case is proven in this market. A comparable home of the same footprint nearby sold as-is, then resold renovated for a meaningful gain, a clear illustration of the upside available to a buyer willing to invest. Renovated homes of similar size in this area have reached the low $200,000s. This is a clean, well-sized entry point in a pocket of 31405 where correctly priced homes move quickly. Whether the plan is a rental hold or a renovate-and-resell, the fundamentals are here. Currently rented at $700 per month, offering immediate income while plans take shape. Buyer to verify all measurements, zoning, and lot dimensions. Sold as-is. Parcel 20093-10012.

Additional Information

Year Built
1950
Acres
0.18
Lot Description
City Lot, Level
Style
Bungalow
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Listing courtesy of The Commercial Group.