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521 W 37th St - 521 W. 37th Street 5 Unit Apartment Building Offered at $1,399,000 at a 5.67% Cap Rate Savannah, GA 31415

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Investment Highlights

  • One unit unfinished, Value add opportunity
  • Furnished

Executive Summary

Multifamily opportunity in the heart of Savannah. Comes with a value-add opportunity.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,399,000
Price Per Unit $279,800
Sale Type Investment
Cap Rate 5.67%
Gross Rent Multiplier 15
No. Units 5
Property Type Multifamily
Lot Size 0.08 AC
Building Size 3,450 SF
Average Occupancy 80%
No. Stories 2
Year Built/Renovated 1950/2020
Zoning R3

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 1 $1,900 802
2+1 1 $2,650 1,013
1+1 3 $1,850 515 - 550
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
2007310001
Land Assessment
$16,000
Improvements Assessment
$105,560
Total Assessment
$121,560
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39694254

  • Date on Market: 3/6/2026

  • Last Updated:

  • Address: 521 W 37th St, Savannah, GA 31415

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