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2222 E 40th St, Savannah, GA 31404

$498,000
Last sold 12/18/2024 for $335K
4
bed
3
bath
2,334
Sqft ($144/Sqft)

House not for sale

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About 2222 E 40th St

Property type House

Neighborhood

Year built 1943

HOA fee $0/month

Lot size 10,019 Sqft

Movoto estimate

Parking 1 garage spaces

Rental estimate

Property description

An investor's Dream! Presenting a rare investment opportunity: a multi-family property, zoned RSF-6, which includes 2224 E 40th Street. This property spans across three lots, offering limitless potential for development or enhancement. The building features two well-appointed units, one w 2 BD/ 1.5 BA with a captivating large, picturesque 9-pane window and a stunning 3-sided fireplace! The other unit has 2 BD/ 1 BA and boasts an additional upstairs space, perfect for conversion into a 3rd BD, adding significant value to this 1943 classic. Each unit has original hard wood flooring and have approximately 1167 heated square footage each! Exuding the timeless charm that Savannah is renowned for and located just minutes from the historic downtown and only 16 miles from Tybee Island, this property offers an unbeatable location. Opportunities like this are rare, so secure your appointment now before it is gone! SOLD AS-IS w NO WARRANTIES. Don't let this one slip by, call and schedule a tour!

Listed by

Listing Agent - Rebecca R. Holcombe

Listing Agent Contact: 912-920-3338

Listing Office - Neighborhood Realty

Source: Hive MLS

MLS#322673 • last updated 1 year ago

Movoto checked Hive MLS for data 10 minutes ago

Overview
Cooling/AC	Electric, Window Unit(s), Wall Unit(s)
Heating	Central, Electric, Floor Furnace, Gas
Levels/Style	Traditional, Stick Built
MLS #	322673
Virtual Tour	N/A
SubType	Single Family Residence
Living Area	2334
Status	Closed
Lot Size (Acres)	0.23
Lot Size (SqFt)	10019
Year Built	1943

Interior
Total # of Bathrooms	3
# of Full Baths	2
# of Half Baths	1
Total # of Bedrooms	4
Laundry	Washer Hookup, Dryer Hookup
Interior Features	Ceiling Fan(s)
Fireplace	Great Room, See Through, Wood Burning Stove
Appliances	Electric Water Heater

Exterior
Roof	Composition
Construction	Wood Siding
Parking	Attached, Off Street, On Street
Patio/Porch	Patio
Other Structures	Outbuilding
Fencing	Yard Fenced
Exterior Features	Courtyard
Lot Features	Alley, Back Yard, City Lot, Garden, Private

Amenities / Utilities
Water Source	Public

Location
Elementary School	Shuman
Middle School	Hubert
High School	Johnson
APN	2007921006
Zoning	R6, Multi Family
Directions	Truman Pkwy To Victory Drive. Go East To Left On Skidaway Road. Right On E. 40th Street.

Lot/ Land Details
Road Frontage	Public Road
Road Surface	Asphalt
Road Responsibility	Public Maintained Road

$498K

Range: $353K-$642K

Last 30 days

Rental est.: $2,300/month

• Gross rent multiplier: 12.1

Lower your payment with the loan terms that fit you.

Dec 2024
Public Records
Dec 23, 2024 Sold
$335,000
Dec 2024
MLS # 322673
Dec 19, 2024 Sold
$335,000
Dec 18, 2024 Sold
$335,000 (-4.1%)
Dec 7, 2024 Active
—
Dec 3, 2024 Listed
$349,500
Dec 3, 2024 Listed
$349,500

2222 E 40th St
$335K
Victory Heights
$314K +8% y/y
31404
$315K 0% y/y
Savannah
$394K +1% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2230 E 40th St, Savannah, GA 31404	$357,000	2/1	1,645	0.01
2220 E 40th St, Savannah, GA 31404	$245,000	2/1	932	0.01
2232 E 40th St, Savannah, GA 31404	$267,000	2/2	1,058	0.02
2221 E 39th St, Savannah, GA 31404	$308,000	2/1	1,264	0.03
2223 E 39th St, Savannah, GA 31404	$273,000	2/1	1,064	0.03
2219 E 40th St, Savannah, GA 31404	$230,000	2/1	950	0.03
2214 E 40th St, Savannah, GA 31404	$266,000	2/1	1,036	0.03
2219 E 39th St, Savannah, GA 31404	$357,000	4/2	1,795	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.