8 W 52nd Street, Savannah, GA 31405
Local realty services provided by:ERA Evergreen Real Estate Company
Listed by:james louis grekousis
Office:lpt realty llc.
MLS#:SA332485
Source:GA_SABOR
Price summary
- Price:$475,000
- Price per sq. ft.:$219.4
About this home
High-ROI Income-Producing SCAD Student Rental Operation - Fully Tenant Occupied - Seize this exceptional investment opportunity!
Ideal for Buy-and-Hold Investors but could also be Your New Home!
This property offers two paths:
As an investment: Currently leased to SCAD students at $4,150/month ($49,800 annually), with furnishings and leases transferring at closing for immediate cash flow!
As a residence: Tenants can be removed with 60 days’ notice to vacate, giving buyers the option to make it their own home in a prime Midtown location without paying historic district pricing of $300+ per square foot!
Fully renovated and fully furnished, this Midtown home combines modern updates with strong, reliable rental income. Upgrades include granite counters, stainless appliances, completely updated plumbing and modern bathroom renovations, plus a fenced backyard, a driveway, carport, and 5+ cars can park off-street behind the carport. Currently leased to SCAD students at $4,150/month ($49,800 annually). Furnishings and leases transfer at closing, allowing an investor to step directly into immediate cash flow with no delay!
Flexible use: keep as a high performing cash-flowing rental or convert to a primary home!
Centrally located near everything Savannah has to offer! Footsteps to Montgomery Hall and Barnard Village with SCAD bus access, just minutes to Downtown Savannah, and just blocks from Starland District, a street away from Ardsley Park and close to Memorial Health!
Pair with 112 W 52nd (2017 build, also available) to secure two strong-performing assets on the same street, generating nearly $100K annually in combined gross rent with built-in equity at $213/$219 per square foot — 25 w 51st St just sold for $257 per square foot just one street over!
Incredible Opportunity — Motivated Seller — Bring Us Your Offer!
Contact me today for more information and/or to schedule a showing!
Contact an agent
Home facts
- Year built:1950
- Listing ID #:SA332485
- Added:115 day(s) ago
- Updated:October 04, 2025 at 02:28 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,165 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Year built:1950
- Building area:2,165 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$219.4
- Tax amount:$4,075 (2024)
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