2118 E Gwinnett St - Multi-Family FOR SALE


Savannah, GA 31404- East Savannah
$220,000 USD
912-433-1072
2118 E Gwinnett St, Savannah, GA for Sale
$220,000 USD
Multi-Family - FOR SALE
1/44
null | Request Cap Rate

2118 E Gwinnett St
Savannah, GA 31404
East Savannah


HIGHLIGHTS

  • Unit B – 75% Renovated with Major Systems Completed
  • Established Savannah Neighborhood
  • Opportunity to Modernize to Market Standards

OVERVIEW

Located at 2118 E Gwinnett Street in Savannah, this two-unit multifamily property offers a compelling opportunity for investors or flippers looking to add value through renovation. The building spans 2,630 square feet and is configured with a total of 4 bedrooms and 2 bathrooms, with each unit designed for long-term rental or resale flexibility. Unit A requires a full renovation, featuring two bedrooms and one bathroom on the main level, along with a previously converted attic space that includes two additional bedrooms and one bathroom. The attic conversion will need to be brought up to code or reverted back to traditional attic use, and the interior staircase added in the living room will require replacement. Unit B is approximately 75% renovated, with major improvements already completed, including new sheetrock, flooring, kitchen cabinets with butcher block countertops, recessed lighting, and updated electrical with a new breaker box and wiring. Remaining work includes finishing the hallway ceiling, installing trim and baseboards, replacing windows and doors, completing bathroom fixtures, and installing a new back door. The property is 100% vacant, allowing a new owner to renovate and reposition without tenant disruption, making it well-suited for a value-add multifamily strategy in an established Savannah neighborhood.

FOR SALE DETAILS

PRICE

$220,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

2

PRICE/UNIT

$110,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2005802008

ASK ABOUT THIS PROPERTY

Brandon FargoKeller Williams Realty Coastal Area PartnersMore Info
912-433-1072

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Brandon FargoKeller Williams Realty Coastal Area PartnersMore Info
912-433-1072

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.