4 months on rocket

1012 E Gwinnett St, Savannah, GA, 31401

$600,000

Home List Price

$7,125*

Closing Credit

2 Partial Baths
5,181 SqFt
$116/SqFt
Multi

Location

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1012 E Gwinnett St, Savannah$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1948
HeatingElectric, Heat Pump
CoolingCentral Air, Electric
MLS #316709
Lot Size0.15 Acres
StatusActive

About 1012 E Gwinnett St

Seize this unique opportunity to invest in a prime property located in the vibrant downtown Savannah. Built in 1948 and extensively remodeled in 2022, this 5,182-square-foot building offers immense potential. The property features seven diverse offices, two half bathrooms, and a well- appointed kitchen complete with modern appliances, making it perfect for a work/live arrangement. The spacious attic provides a fantastic option for a loft or additional storage.. With its prominent location on Waters Street and Gwinnett Street, it enjoys high visibility and heavy traffic, supported by two major bus lines. The property is versatile, suitable for commercial, retail, or multi-family use, and offers lane access. Turnkey and zoned TN-3, this property presents endless possibilities for your business or investment needs.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Living Area: 5,181 SqFt

Listing Office:

  • Office Name: Schuman Signature Realty LLC
  • Office Phone: (912) 410-9119
  • Listing Agent: Amy Schuman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Flooring Type: Carpet
  • Interior: Attic, Ceiling Fan(s), Programmable Thermostat

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2

Virtual/3D Tour

  • Virtual Tour: 1012 E Gwinnett St
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Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: 16E to Montgomery Street. Right onto W Liberty. Right onto Waters. Right onto E Gwinnett. Building is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $116/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

$364.6K

Med. Price/SqFt

$215

Avg. Days On Market

52

# of Sold Homes

246

1012 E Gwinnett St vs Savannah

141 DAYS ON ROCKET

+89 Days

$600,000

+$235.3K More

$116/SqFt

-$100 Less

KEY TAKEAWAY

This property is $235.3K more than the Median Sold Price and $100/SqFt less than other homes in Savannah, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SAV
  • MLS Number: #316709

Listing Office:

  • Office Name: Schuman Signature Realty LLC
  • Office Phone: (912) 410-9119
  • Listing Agent: Amy Schuman

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: 12/20/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 26, 2021Home Sold
$250,000

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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.

Nearby Schools

school-card-donut-502452
3
/10

  • Andrea B. Williams Elementary School

  • 1150 Wheaton St

  • 0.15 miles

  • Public District Grades 1-5

school-card-donut-502453
3
/10

  • Shuman Elementary School

  • 415 Goebel Ave

  • 0.78 miles

  • Public District Grades 1-5

school-card-donut-502454
3
/10

  • Gadsden Elementary School

  • 919 May St

  • 1.53 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,964. The majority of Savannah, GA residents have income less than $35k annually. The majority of 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›1012 E Gwinnett St

This home is located at 1012 E Gwinnett St in Savannah, GA and zip code 31401 in the Eastside neighborhood. This 5,181 square foot home, which was built in 1948, sits on a 0.15 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $600,000.

While more than 42 listings in Savannah, GA in November 2024 were sold above asking price, there were more than 67 listings sold at asking price, and more than 137 were sold below. The inventory of homes for sale in Savannah, GA between October 2024 and November 2024 increased by 5.6%. The median list price of listings available in November 2024 was $364,670, while the average time on the real estate market was 52 days.

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

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