3 months on rocket

637 E Anderson St Unit 1-5, Savannah, GA, 31401

$1,499,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
5 Full Baths
4,105 SqFt
$365/SqFt
Multi
Schools Nearby

Location

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637 E Anderson St Unit 1-5, Savannah$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Parking Lot, On Street
Year Built1900
HeatingElectric, Wall Furnace, Zoned
CoolingElectric, Wall Unit(s), Zoned
MLS #302660
Lot Size0.06 Acres
StatusActive

About 637 E Anderson St Unit 1-5

Rare Investment Opportunity to acquire a newly renovated 5-unit property in the Savannah! This distinctive property has recently undergone a comprehensive top-to-bottom remodel, ensuring a modern and attractive living space for each unit. Benefit from separate metering for each unit, providing convenience and flexibility. Located at the rear of the building is a spacious crushed gravel parking lot, ensuring ample parking for residents. The property is offered for sale fully furnished, adding an extra layer of convenience for both the owner and tenants. Whether you choose to reside in one unit and lease the others or capitalize on rental income from all five, the potential for this property is boundless. Renovations were carried out by professional experts, and all necessary permits were diligently obtained. This unicorn of a building presents a unique addition to your real estate portfolio. Seize the opportunity to own a turnkey investment in Savannah's thriving property market!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 4,105 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Dryer, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Other, Tile
  • Interior: Ceiling Fan(s), Other, See Remarks

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: Courtyard

Parking Information:

  • Parking: Off Street, Parking Lot, On Street

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric, Wall Furnace, Zoned
  • Cooling: Electric, Wall Unit(s), Zoned

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: Heading E on Anderson, turn right onto LeGrand. Part of the building starts on Anderson and ends on LeGrand.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $365/SqFt
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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

637 E Anderson St Unit 1-5 vs Savannah

106 DAYS ON ROCKET

+69 Days

$1,499,000

+$1.1M More

$365/SqFt

+$155 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $155/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: #302660

Listing Office:

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

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: 4/28/2024, 3:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-2387345
2
/10

  • East Broad Street School

  • 400 E Broad St

  • 0.78 miles

  • Public District Grades PK-8

High School

school-card-donut-2387346
10
/10

  • Savannah Arts Academy

  • 500 Washington Ave

  • 0.98 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 $25,000. Residents of Savannah, GA typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Chatham County›Savannah›31401›637 E Anderson St Unit 1-5

This home is located at 637 E Anderson St Unit 1-5 in Savannah, GA and zip code 31401 in the Midtown neighborhood. This 4,105 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $1,499,000.

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 number of homes for sale in Savannah, GA increased by 11.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 37 days, the median list price was $350,301.

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

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