2 months on rocket

412 E 40th St, Savannah, GA, 31401

$700,000

Home List Price

$8,313*

Closing Credit

4 Bedrooms
2 Full Baths
2,468 SqFt
$284/SqFt
Multi

Location

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412 E 40th St, Savannah$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1920
HeatingCentral, Electric, Natural Gas
CoolingCentral Air, Electric, Gas
FireplaceDecorative
MLS #317769
Lot Size0.07 Acres
StatusActive

About 412 E 40th St

Great INVESTMENT opportunity in the hottest area in town!! This darling duplex has been totally updated and features 2 separate units allowing for MAXIMUM income. Each unit with 2 bedrooms and 1 bathroom, spacious living areas, full kitchens, laundry, large bedrooms and private access to the backyard. Curb appeal galore with double front porches and all the Southern charm you could imagine. Refinished hardwood floors throughout, original fireplaces, high ceilings and tons of natural light fill this home. This is an investors DREAM and can bring in a potential income of $51,600 a YEAR as a long term rental property. Come see what this downtown duplex has to offer - are you ready to call this yours?

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Living Area: 2,468 SqFt

Listing Office:

  • Office Name: Six Bricks LLC
  • Office Phone: (912) 200-9044
  • Listing Agent: Chelsea Phillips

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Ice Maker, Range, Refrigerator, Range Hood
  • Flooring Type: Wood
  • Interior: Ceiling Fan(s)
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony, Porch

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 412 E 40th St
Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

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

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: Turn onto Price from E. Victory, take a left on 40th Street. House is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $284/SqFt

Tax Information:

  • Annual Amount: $4,980
  • 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

$362.8K

Med. Price/SqFt

$214

Avg. Days On Market

41

# of Sold Homes

229

412 E 40th St vs Savannah

68 DAYS ON ROCKET

+27 Days

$700,000

+$337.1K More

$284/SqFt

+$70 More

KEY TAKEAWAY

This property is $337.1K more than the Median Sold Price and $70/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: #317769

Listing Office:

  • Office Name: Six Bricks LLC
  • Office Phone: (912) 200-9044
  • Listing Agent: Chelsea Phillips

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: 10/31/2024, 9:20:49 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

Oct 22, 2020Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,980$84,400
2019$4,980$78,560
2018$1,930$78,520

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-859215
2
/10

  • East Broad Street School

  • 400 E Broad St

  • 1.32 miles

  • Public District Grades PK-8

High School

school-card-donut-859216
9
/10

  • Savannah Arts Academy

  • 500 Washington Ave

  • 0.56 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 $75,919. Residents of Savannah, GA typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Chatham County›Savannah›31401›412 E 40th St

This home is located at 412 E 40th St in Savannah, GA and zip code 31401 in the Thomas Square neighborhood. This 2,468 square foot home, which was built in 1920, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $700,000.

In September 2024, from all listings sold in Savannah, GA there were more than 45 sold above asking price, over 130 sold below and more than 54 were sold right at the asked price. The number of homes for sale in Savannah, GA increased by 2.8% between August 2024 and September 2024. In September 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $362,882.

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

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