Attention residential investors that are looking into rezoning to office, institutional or multifamily use!! This 6-parcel package boasts 500 ft. of frontage on one of Savannah's most highly traveled streets, DeRenne Ave/I-516.The property includes three vacant lots as well as three lots with existing single-family homes that are in need of rehab. The opportunities are endless given the residential/institutional potential for this property. The lots are mostly cleared with mature trees spread throughout. All lots are located in the lowest risk X flood zone. There is a month to month land lease on the far left lot, with the existing mobile home owned by the tenant which will be removed prior to closing. Signs are located in front of each of the 6 lots to help identify the property, but all lots will be sold together as a package.
Protect Yourself FromRental Scams
While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow
expert tips to reduce the risk of fraud when renting a new apartment.
The average household income in
Savannah, GA
grew
from
$37,108
to
$39,386
in the past year. This data is an estimate based upon
53,664
households in
Savannah, GA. The chart below presents how household income is distributed in
Savannah, GA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Savannah, GA
compared to median property taxes around the country. The prevalent amount of property taxes in
Savannah, GA
equals
$800-$1,500
, which is
less
than the national average.