14 days on rocket

503 W 42nd St, Savannah, GA, 31415

$850,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
3,564 SqFt
$239/SqFt
Multi
Schools Nearby

Location

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503 W 42nd St, Savannah$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1950
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #310302
Lot Size0.10 Acres
StatusActive

About 503 W 42nd St

Welcome to an exceptional investment opportunity in the heart of Savannah's thriving landscape! This newly renovated quadplex combines contemporary design with modern amenities, offering an attractive prospect for both new and seasoned investors. The property boasts brand-new floors, fresh interior and exterior paint, and a new roof, ensuring a move-in-ready experience for tenants. With its stylish finishes and prime location just off MLK, this property offers unparalleled convenience and potential for sustained rental income. Savannah's continuous growth enhances the appeal of this quadplex, presenting a chance to capitalize on the city's ever growing real estate market. Secure your stake in this vibrant community and enjoy the benefits of multiple streams of rental income and appreciation to come. Don't let this opportunity pass you by!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 3,564 SqFt

Listing Office:

  • Office Name: Corcoran Austin Hill Realty
  • Office Phone: (912) 354-2100
  • Listing Agent: Brent Sappe

Interior Features

Interior Information:

  • Appliances: Electric Water Heater

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Beach High School, Public District Grades 9-12
  • Derenne Middle School, Public District Grades 6-8
  • Hodge Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From West Bay turn right onto MLK, then turn right on 42nd Street, quadplex will be second property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $239/SqFt

Tax Information:

  • Annual Amount: $3,082
  • 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

$354K

Med. Price/SqFt

$211

Avg. Days On Market

27

# of Sold Homes

330

503 W 42nd St vs Savannah

14 DAYS ON ROCKET

-13 Days

$850,000

+$495.9K More

$239/SqFt

+$28 More

KEY TAKEAWAY

This property is $495.9K more than the Median Sold Price and $28/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: #310302

Listing Office:

  • Office Name: Corcoran Austin Hill Realty
  • Office Phone: (912) 354-2100
  • Listing Agent: Brent Sappe

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: 5/2/2024, 9:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 29, 2007Home Sold
$213,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,082$97,600
2019$3,082$97,600
2018$2,862$97,600
2017$2,862$97,600

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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NMLS#3030

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-4639969
3
/10

  • Hodge Elementary School

  • 3609 Hopkins St

  • 0.76 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4639970
2
/10

  • Derenne Middle School

  • 1009 Clinch St

  • 0.88 miles

  • Public District Grades 6-8

High School

school-card-donut-4639971
3
/10

  • Beach High School

  • 3001 Hopkins St

  • 0.51 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 $24,630. Typical income of Savannah, GA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Chatham County›Savannah›31415›503 W 42nd St

This home is located at 503 W 42nd St in Savannah, GA and zip code 31415 in the Cuyler / Brownville neighborhood. This 3,564 square foot home, which was built in 1950, sits on a 0.10 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $850,000.

In April 2024, from all listings sold in Savannah, GA there were more than 90 sold above asking price, over 148 sold below and more than 91 were sold right at the asked price. The number of homes for sale in Savannah, GA increased by 6.3% between March 2024 and April 2024. In April 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $354,025.

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

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