816-818 Drayton Street

Savannah, GA 31401

$5,485,000
Price
22
Beds
15
Baths
11,349 Sq. Ft.
$483 / Sq. Ft.
11,349
Sq. Ft.
$483
per Sq. Ft.

Description

Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. The building includes 10 one-bedroom units and 4 three-bedroom units, many with porches that provide stunning views of Forsyth Park. Each unit features hardwood floors, modern kitchens with updated appliances, and thoughtful renovations that enhance its historic appeal. Just minutes from SCAD, downtown...Discover a prime investment opportunity at 816-818 Drayton St, Savannah, GA. This 14-unit historic apartment building, located on Forsyth Park, offers a blend of timeless charm and modern updates. The building includes 10 one-bedroom units and 4 three-bedroom units, many with porches that provide stunning views of Forsyth Park. Each unit features hardwood floors, modern kitchens with updated appliances, and thoughtful renovations that enhance its historic appeal. Just minutes from SCAD, downtown shopping, dining, and major hospitals, the property is ideally situated for maximum rental appeal. With 80% occupancy and room for rental growth, it's poised for significant income potential, making it an exceptional opportunity for investors seeking high ROI in Savannah's most desirable location. Don't miss out on this incredible opportunity on one of Savannah's most coveted locations.
  1. Listed by Brandon Fargo • Keller Williams Coastal Area P
    P: (912)-433-1072 C: (912)-433-1072 bfargo@kw.com

Property Details for 816-818 Drayton Street

Zoning
1-R
LISTING UPDATED: 09/30/2024 12:04 PM

Property Details for 816-818 Drayton Street

StatusActive
MLS #319886
Days on Market35
Taxes$31,163 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1896
Lot Size0.14 AC / 6,055 SF
CountyChatham County

Building Information for 816-818 Drayton Street

Stories3Residences-Year Built1896Building Size-Lot Size0.14 AC / 6,055 SF

Property Information for 816-818 Drayton Street

Summary
Location and General Information
  • County Or Parish: Chatham
  • City: Savannah
  • Directions: From Derenne Ave, head down Abercorn Street towards Victory Drive. Turn Left on Victory Drive. Turn Right on Drayton Street. Travel 1 mile, destination will be on right hand side across from Forsyth Park
  • Latitude: 32.066291
  • Longitude: -81.095276
  • Postal City: Savannah
  • Unparsed Address: 816 - 818 Drayton Street
  • State Or Province: GA
  • Postal Code: 31401
Taxes and HOA Information
  • Tax Annual Amount: $31,163.00
  • Tax Legal Description: SOUTHWEST PORTION OF LOTS 3 & 4 SECTION 10 CUTHBERT WD PRB 33P 89
  • Tax Year: 2023
  • Association: No
  • Parcel Number: 2004413038
Property
Lot Information
  • Property Sub Type Additional: Multi Family
  • Current Use: Residential
  • Living Area: 11,349.00
  • Living Area Source: Assessor
  • Lot Size Acres: 0.139
  • Lot Size Area: 0.139
  • Lot Size Square Feet: 6055.0
  • Lot Size Units: Acres
  • Stories Total: 3
Property and Assessments
  • CLIP: 2,193,963,503
  • Year Built: 1896
  • Property Attached: No
  • Property Sub Type: Multi Family
  • Property Type: CommercialSale
  • Road Surface Type: Asphalt
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Some Electric Appliances, Cooktop, Electric Water Heater, Microwave, Oven, Refrigerator
  • Bathrooms Full: 15
  • Bathrooms Total Integer: 15
  • Bedrooms Total: 22
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Fireplace: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Fireplace
  • Laundry Features: Washer Hookup, Dryer Hookup
Rental
Rental Information
  • Lease Considered: No
  • ListingTerms: Arm,Cash,Conventional,Exchange1031,Private Financing Available

Property History for 816-818 Drayton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 816-818 Drayton Street

This home is within Chatham County School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Spencer Elementary School
Public1 to 5

Hubert Middle School
Public6 to 8

Savannah Arts Academy
Public9 to 12

Susie King Taylor Community School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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816-818 Drayton Street is a multi-family home for sale in Savannah, GA 31401. This property was listed for sale on September 19, 2024 by Keller Williams Coastal Area P, it's currently listed at $5,485,000. This listing's school district is Chatham County School District. Nearby schools include Spencer Elementary School, Hubert Middle School and Savannah Arts Academy. 816-818 Drayton Street is a 22-bed, 15-bath, 11,349 sqft multi-family home built in 1896.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Coastal Area P

Based on information from one of the following Multiple Listing Services: Savannah Multi-List Corporation. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Savannah Multi-List Corporation is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.