720 Waters Avenue, Savannah, GA

$405,000

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4

Beds

1,268

Square feet

0.05

Acres

About 720 Waters Avenue

Welcome to 720 Waters Ave, a fully leased legal duplex in the heart of Savannah, GA! This turnkey investment property is a rare find for real estate investors and house hackers searching for multi-family homes for sale in Savannah, offering 4 bedrooms and 2 bathrooms total across two separate units. This income-producing rental property is already generating $38,400 in gross annual rental income, with both units occupied and cash flowing from day one of ownership. Downstairs unit is furnished, ready for immediate executive rental placement. Step inside to find an updated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances, wide-plank flooring throughout, and a fully renovated bathroom with a marble tile surround. Both units offer in-unit washer and dryer connections for added convenience, a rare perk for a Savannah rental property. Unit 720A is leased month-to-month at $1,600/month. Unit 720B is secured on a fixed lease through April 2027 at $1,600/month, with immediate cash flow and no vacancy risk to start. Outside, enjoy a classic covered front porch perfect for rocking chairs and Savannah evenings, plus offstreet parking for both units. Whether you're a seasoned investor building a rental portfolio, or a first-time buyer exploring house hacking in Savannah, this fully occupied duplex checks every box. Schedule your private showing today, income-producing multi-family homes like this in Savannah don't last long!

Features of 720 Waters Avenue

MLS® # SA360346
Price $405,000
Bedrooms 4
Full Baths 2
Square Footage 1,268
Acres 0.05
Year Built 1914
Type Residential Income
Sub-Type Duplex
Style Traditional
Status Active

Community Information

Address 720 Waters Avenue
City Savannah
County Chatham
State GA
Zip Code 31404

Amenities

Parking Off Street
Is Waterfront No
Has Pool No

Interior

Interior Features Pull Down Attic Stairs
Appliances Dishwasher, Electric Water Heater, Refrigerator
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
# of Stories 2

Exterior

Lot Description Alley, City Lot
Roof Asphalt
Foundation Crawlspace

Additional Information

Date Listed July 15th, 2026
Days on Market 43
Zoning R4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Coastal Area P

Listing Map

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