1704 Lincoln Street $1,015,000

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    1704 Lincoln Street Savannah, GA 31401

    • 10 Beds
    • 13 Baths
    • 6,791 sq.ft.
    • Multi-Family
    MLS# 204268
    SOLD 7/18/2019

    $1,015,000

    Days On Market: 3 0 Views
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    Property Details

    Grab this amazing opportunity to own a masterfully renovated 6 unit building in the VERY HOT Thomas Square Streetcar Historic District! So many options to live, work or rent with this Historic Savannah Foundation Project that was restored from the studs in 2007! The building is configured as 4 2 bedroom/ 2.5 bath town homes, a one bedroom/1 bath loft and a corner commercial space currently being used as an artist's studio. Each property has handmade wood cabinets, wood and tile flooring and either stainless steel or granite countertops. Each unit has either a fully fenced yard or balcony for private outdoor space. The property has an excellent rental history with all units currently rented except for the commercial unit being used by the owner. Town homes currently rent for $1300-$1500 with $1500 being the current rent rate. The loft unit rents somewhat below market for $1150. The commercial space has lovely high ceilings and can be outfitted for any number of fantastic opportunities!

    • General Features
      • Property Sub Type Multi Building
      • Lot Size Square Feet 6098
      • Legal Subdivision Cummings Ward
    • Building Features
      • Cooling Type Central
      • Cooling Source Electric
      • Construction Wood
      • Water Heater Type Electric
      • Roof Composition
      • Number of Heating Units 6
      • Number of Cooling Units 6
      • Heating Type Central
      • Heating Source Electric
      • Foundation Concrete, Off Ground, Slab
    • Property Features
      • Water Public Water
      • Sewer Public Sewer
      • Number of Water Heaters 6
      • Flood Insurance Unknown

    Neighborhood

    31401 (Savannah) Demographics

    27Median Age
    4,219Population Density (per sq. mile)
    45%College Educated
    $27,065 Estimated Median Income
    2,457Estimated Total Home Owners
    5,766Estimated Total Renters
    30% / 70%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    20,253Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $355,000 Median Sales Price
    25 Homes Sold
    36 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        7/18/2019 3:00:00 AM Sold Source New Value: $1,015,000
        4/30/2019 12:20:36 PM Status Changed Source New Value: Active Contingent

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        The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than Engel & Völkers Savannah are marked with the name of the listing brokers. IDX data is deemed reliable but not guaranteed.IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 7/23/2019 9:21:46 PM. Copyright 2019 Savannah Multi-List Corporation. All rights reserved.