Description
Located at 214 W Park Ave, this impressive circa-1900 property offers a rare opportunity to own a fully occupied four-unit building in the heart of Savannah’s highly sought-after Victorian Historic District. Just one block from iconic Forsyth Park and moments from multiple Savannah College of Art and Design campuses, this 3,932-square-foot property combines historic charm with strong investment potential. The building features four income-producing apartments, all currently leased, providing immediate and consistent cash flow. Its prime location places tenants within walking distance of restaurants, shops, and neighborhood amenities, making it especially attractive to students, faculty, and professionals seeking convenience and character. Rich in period detail and architectural integrity, this circa-1900 residence reflects the timeless appeal of Savannah’s historic homes while offering modern rental desirability. Off-street parking adds valuable convenience—an increasingly rare feature in the downtown area. With strong rental demand driven by proximity to SCAD and the vibrant downtown scene, this property presents multiple value-add opportunities. Investors may explore long-term hold strategies, potential rental increases, or even condominium conversion (subject to approvals), maximizing future returns. Whether you’re seeking a stabilized, income-generating asset or a strategic addition to your portfolio in one of Savannah’s most desirable historic neighborhoods, this exceptional four-unit property offers location, character, and immediate performance.
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6BEDS
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0.07ACRES
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4BATHS
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01/2 BATHS
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3,932SQFT
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$280$/SQFT
School Ratings & Info
Description
Located at 214 W Park Ave, this impressive circa-1900 property offers a rare opportunity to own a fully occupied four-unit building in the heart of Savannah’s highly sought-after Victorian Historic District. Just one block from iconic Forsyth Park and moments from multiple Savannah College of Art and Design campuses, this 3,932-square-foot property combines historic charm with strong investment potential. The building features four income-producing apartments, all currently leased, providing immediate and consistent cash flow. Its prime location places tenants within walking distance of restaurants, shops, and neighborhood amenities, making it especially attractive to students, faculty, and professionals seeking convenience and character. Rich in period detail and architectural integrity, this circa-1900 residence reflects the timeless appeal of Savannah’s historic homes while offering modern rental desirability. Off-street parking adds valuable convenience—an increasingly rare feature in the downtown area. With strong rental demand driven by proximity to SCAD and the vibrant downtown scene, this property presents multiple value-add opportunities. Investors may explore long-term hold strategies, potential rental increases, or even condominium conversion (subject to approvals), maximizing future returns. Whether you’re seeking a stabilized, income-generating asset or a strategic addition to your portfolio in one of Savannah’s most desirable historic neighborhoods, this exceptional four-unit property offers location, character, and immediate performance.
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