224 Houston Street Savannah, GA ^$ 6,950,000

224 Houston Street

^$ 6,950,000

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224 Houston Street

Savannah, GA, 31401

^$ 6,950,000

Bedrooms15 Baths15.0 Sq 9,954

Monthly Estimate*

^$ 41,624

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Multi-Family Home for sale in Savannah, GA

for $6,950,000 with 15 bedrooms and 15 full baths. This 9,954 square foot home was built in 1935 on a lot size of 0.124.

Unlock a lucrative opportunity with The Present Hotel, a prized asset for sale in Savannah. Nestled in the coveted Landmark Historic District facing directly on Crawford Square, this 15 unit boutique gem boasts stellar financial performance with annual gross earnings exceeding $950,000. Designed by award winning designer, Elizabeth Demos, and extensively renovated in 2018, each uniquely curated room exudes character, offering guests a blend of historic charm and modern comfort. With its proven track record of success, including robust financials and a loyal clientele, The Present Hotel presents a rare chance to invest in a thriving hospitality business. Don't miss your chance to own Savannah's most unique boutique hotel. Features include updated plumbing, electrical, and in-room controlled high efficient heat and AC, in addition to thoughtfully designed amenities, including a gorgeous courtyard and espresso station. Supplemental videos, pictures and financials available on request.

Multi-Family Active

Price

^$ 6,950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 10,779

Style

MultiFamily

Lot Size

0.124

Year Built

1935

Town/City

Savannah

County/Region

Chatham

MLS | Web ID

314575

Features

General

Sewer PublicSewer

Heating Central Electric

Cooling CentralAir Electric

Appliances ElectricWaterHeater

Zoning RIPA

Construction Materials Brick

Year Built 1935

Property SubType MultiFamily

Tax Year 2023

Percent Ownership Investor

County Chatham County

New Construction N

Property Type ResidentialIncome

Home Owner Assoc N

Attached Garage N

Garage Y/N N

Full Baths 15

Special Listing Conditions Standard

Status Active

Directions Facing directly onto Crawford Square.

City Savannah

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 0

Lot Size Units Acres

Lot Size Square Feet 5401.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Terms Cash Conventional Item1031Exchange

Land Lease Y/N N

Tax Annual Amount 10779.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Lot 31

Expected Active Date 2024-07-16

Legal Description LOT 31 CRAWFORD WARD

Exterior

Water Source Public

Lot Size Area 0.124

Spa N

Lot Size Acres 0.124

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 4

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Half Baths 0

Total Bedrooms 15

Electric On Property Y/N N

Total Baths 15

Internal Only

Street Number 1 224

* Excluded Features

List By

Seabolt Real Estate

Broker

taavo.roos1@gmail.com

Affordability Calculator

$42,522

Per Month

Monthly Principal & Interest: $41,624
Monthly Property Taxes: $898
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Savannah, GA

Average List Price ^$1,157,584

Percent of Sale Price 83%

About Savannah, GA

147,502 Population

11% Since 2002

^$39,420 Median Income

33.54 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

298105 Elementary School

298323 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/16/2024	$6,950,000		Listed Price

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224 Houston Street, Savannah, GA, 31401 is a Multi-Family Home for sale at $6,950,000 with 9,954 sqft and a lot size of 0.124. 224 Houston Street has 15 bedrooms, 15.0 baths, and was built in 1935. The property's zip code is 31401 which is in Savannah, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Savannah Board of REALTORS and Savannah Multi-List Corporation, and includes listings held by other brokerage firms. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

All information deemed reliable, but not guaranteed, and should be independently verified. All properties subject to prior sale, change, or withdrawl. Brokers shall not be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 9/22/2024.

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224 Houston Street

Multi-Family Home for sale in Savannah, GA

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