34 Smith Avenue

Description

Versatile opportunity for either investment, unique compound or future development. Situated on 1.69acres, this property includes updated brick home with 2 beds/1 bath/ great room/ dining room/ front porch & back patio. There's also a converted garage apartment. Income possibilities of $2000/mo Main house and a Garage apartment at $1000/mo. Located on quiet street with beautiful tree cover, there are limitless opportunities to live in one dwelling & rent the other or continue to rent both and develop remaining land. Just minutes from downtown Savannah, the airport, the Savannah port, groceries, schools, restaurants and beaches its ideally located for future appreciation and ease of living. If used as a primary residence, buyer may qualify for either FHA or Conventional financing with as little as 3 1/2 or 5% down and enjoy income from the dwelling they do not occupy. Square footage in main house is 844 and garage apartment estimated at +/- 361. Zoned R-1/ contact list agent for list of allowed uses. Location is eligible for special financing in mid 5% range with First Citizens Bank/ 30 year amortization/ fixed rate. Home can be sold for $415,000 with subdivision of land/ less acreage. More information available upon request