(864) 362-2375
$405,000
720 Waters Avenue, Savannah, GA 31404
4Beds
2Baths
1,268SQFT
0.05Acres
1914YearYear Built
About This Home
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!
Location
Key Facts
Status: Active
Type: Residential Income
Annual Taxes: $1,544
HOA Fees: $0
MLS: Hive
MLS #: SA360346
Features
Duplex
Dishwasher
Electric Water Heater
Refrigerator
Mortgage Calculator
$2,048Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $405,000
Status: Active — For Sale
Days on market: 43
Last updated: Aug 27, 2026
Schools
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Listing courtesy of Keller Williams Coastal Area P
Source MLS #: SA360346
Last updated: Aug 27, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.