Bought with Anastasia M. Phillips • Keller Williams Realty Coastal
$650,000
$689,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/13/2024
Key Details
Sold Price $650,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Whitaker Place Condos
MLS Listing ID 10219742
Sold Date 03/13/24
Construction Status Resale
HOA Y/N Yes
Year Built 1890
Annual Tax Amount $6,210
Tax Year 2023
Property Description
Experience a slice of history with this exceptional 5-star short-term vacation rental. Nestled in the heart of Savannah's Historic Landmark District, this stunning 1195 sq ft flat, a true relic from 1890, is a rare gem. Just a stone's throw away from the river, this imaginative condo at 105 Whitaker Street is a turnkey investment opportunity, fully furnished and currently operating as a highly successful Short-Term Vacation Rental (STVR). Unit 304, situated on the top floor, boasts soaring ceilings and an abundance of natural light that floods the space throughout. The well-appointed kitchen features granite countertops, a tasteful tiled backsplash, ample storage, stainless steel appliances, and an owner's closet with a secure keypad lock. Warm and inviting wallpaper accents lend personality and character to the generously proportioned great room, which has been thoughtfully and professionally furnished. This condo has been meticulously outfitted with modern amenities, including a smart thermostat, two smart televisions, and a high-speed Wi-Fi router, ensuring your guests' comfort and convenience. The flexible layout allows for the potential addition of another bedroom and/or bathroom to further maximize its appeal. Exuding the vibrant charm of Savannah within a STVR-friendly building, this condo represents an investment opportunity of unparalleled value. Notably, it is one of the select few developments that permit Short-Term Vacation Rentals. The current Super Host status listing, along with all reservations, will seamlessly transfer to the new owner, making for a seamless transition. With an impressive average occupancy rate of over 70% in most recent months, you can expect a lucrative return on your investment. Street access to the condo is secure, requiring a door code for entry via the street-level private foyer, which serves the eight residential units. An exclusive elevator and private stairwell provide direct access to the unit. Additionally, the seller has already covered the updating of the elevator assessment fees. Elevator updates are scheduled to be completed in the coming months. The sale includes all furnishings, along with brand-new stove, microwave, washer, dryer, smart TVs, smart temperature controls, Kwickset smart door locks, and more, ensuring that this property is ready for immediate enjoyment and con
Location
State GA
County Chatham
Rooms
Basement None
Interior
Heating Central, Electric, Heat Pump
Cooling Ceiling Fan(s), Central Air, Electric
Exterior
Garage Off Street
Community Features Walk To Public Transit, Walk To Schools, Walk To Shopping
Utilities Available Electricity Individual Meters
Building
Story One
Sewer Public Sewer
Level or Stories One
Construction Status Resale
Schools
Elementary Schools A B Williams
Middle Schools Hubert
High Schools Other
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
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