130 Alfred, Savannah, GA 31408

Local realty services provided by:Better Homes and Gardens Real Estate Legacy
130 Alfred,Savannah, GA 31408
$4,250,000
  • 2 Beds
  • 2 Baths
  • 48,000 sq. ft.
  • Multi-family
  • Active
Listed by:victoria williams adcock
Office:seaport real estate group
MLS#:SA336086
Source:GA_SABOR

Price summary

  • Price:$4,250,000
  • Price per sq. ft.:$88.54

About this home

Incredible opportunity to own a Stabilized 44-unit Multi-Family complex just 5 minutes from Savannah’s Historic District! Built in 1982, this property spans 8 separate buildings across 4+ acres with convenient access to major roadways, public transportation, shopping, and dining. Property includes 16 spacious 1BD/1BA units at 900 SF and 28 two-story 2BD/1.5BA townhomes at 1,200 SF with washer/dryer hookups. On-site parking and trash service add to tenant convenience. Maintained 99% occupancy under current ownership for nearly 12 years with vacancies almost never lasting more than a couple of weeks, with many long-term tenants in place. Significant potential to raise rents to market rates and boost income. Large lot offers space for additional units, or additional development of community amenities—true value-add potential. Perfect for investors looking to expand their portfolio in the growing Savannah market.

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Home facts

  • Year built:1982
  • Listing Id #:SA336086
  • Added:5 day(s) ago
  • Updated:August 14, 2025 at 02:20 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:48,000 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:1982
  • Building area:48,000 sq. ft.
  • Lot area:4.24 Acres

Schools

  • High school:Groves
  • Middle school:Mercer
  • Elementary school:Bartow

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,250,000
  • Price per sq. ft.:$88.54