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Backup Offers

116 E Henry St, Savannah, GA, 31401

$785,000

Home List Price

$9,322*

Closing Credit

4 Bedrooms
3 Full Baths
2,016 SqFt
$389/SqFt
Multi
Schools Nearby

Location

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116 E Henry St, Savannah$785,000

Buyer Closing Credits

$9,322*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street, On Street
Year Built1910
HeatingCentral, Electric
CoolingCentral Air, Electric
FireplaceDecorative
MLS #307338
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 116 E Henry St

Duplex with 2 (two) Non-owner Occupied STVR certificates and recent approval for an ADU located in the heart of the Victorian District. Remarkable value add opportunity for one looking to partake in the growth and upside of the southern Victorian District and Historic Streetcar District. Only two blocks away from Savannah’s landmark historic Forsyth Park, 116 E Henry’s location makes it appealing for a multitude of reasons including: walkability to major points of interest, proximity to SCAD buildings, popular restaurants and nightlife. Once repositioned, similar STVR comps indicate an annual average gross revenue of $127,000. Unit Mix: (Downstairs - 2 Bed/2 Bath) and (Upstairs - 2 Bed/ 1 Bath). Don’t miss this opportunity to acquire 2 investment units with the potential of 3 with an ADU in one of the most booming areas of Savannah.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1910
  • Living Area: 2,016 SqFt

Listing Office:

  • Office Name: Engel & Volkers
  • Office Phone: (912) 238-0874
  • Listing Agent: Brett Strickland

Interior Features

Interior Information:

  • Appliances: Other, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Warming Drawer, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Pull Down Attic Stairs, Fireplace
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Parking: Off Street, On Street

Virtual/3D Tour

  • 3D Tour: 116 E Henry St

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Savannah Arts Academy, Public District Grades 9-12
  • East Broad Street School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Harry Truman Parkway N, Anderson Street Exit toward Henry/Wheaton, Left onto Henry. Property on the right before Drayton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $785,000
  • Price Per SqFt: $389/SqFt

Tax Information:

  • Annual Amount: $5,858
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Savannah, GA.

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Savannah, GA

City

Med. Sold Price

$350.3K

Med. Price/SqFt

$209

Avg. Days On Market

37

# of Sold Homes

290

116 E Henry St vs Savannah

50 DAYS ON ROCKET

+13 Days

$785,000

+$434.6K More

$389/SqFt

+$179 More

KEY TAKEAWAY

This property is $434.6K more than the Median Sold Price and $179/SqFt more than other homes in Savannah, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SAV
  • MLS Number: #307338

Listing Office:

  • Office Name: Engel & Volkers
  • Office Phone: (912) 238-0874
  • Listing Agent: Brett Strickland

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 this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 7:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,858$132,200
2018$3,356$112,040

History based on county public records data.

Payment Calculator

$3,985

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,420

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2964068
2
/10

  • East Broad Street School

  • 400 E Broad St

  • 0.80 miles

  • Public District Grades PK-8

High School

school-card-donut-2964069
10
/10

  • Savannah Arts Academy

  • 500 Washington Ave

  • 1.18 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,105. Most Savannah, GA residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Chatham County›Savannah›31401›116 E Henry St

This home is located at 116 E Henry St in Savannah, GA and zip code 31401 in the East Victorian District neighborhood. This 2,016 square foot home, which was built in 1910, sits on a 0.07 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $785,000.

In March 2024, from all listings sold in Savannah, GA there were more than 65 sold above asking price, over 136 sold below and more than 87 were sold right at the asked price. The inventory of homes for sale in Savannah, GA between February 2024 and March 2024 increased by 11.5%. The median list price of listings available in March 2024 was $350,301, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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