Historic Sav Triplex with STVR Permit & Income Potential
$1,125,000
Description
Welcome to 350 Barnard St. and 132 W. Jones St.—a rare, versatile opportunity in the heart of Savannah’s Historic Landmark District. Built in 1851 for Anthony Basler and recognized by the Historic Savannah Foundation, this corner property blends timeless charm with unmatched investment options. Currently configured as a triplex totaling 2,578 SF; the property features three separate apartments: two spacious 1-bedroom, 1-bath units, and one 2-bedroom / 1-bath unit. A coveted non-owner occupied STVR certificate can be used by one of the units, making this a profitable property. Each residence showcases historic character, including exposed wood beams, heart of pine floors (third level), exposed brick walls, and picturesque views of the cobblestone streets below. Second and third-floor decks offer inviting outdoor spaces with vibrant downtown views, all just an 8-minute walk to Forsyth Park and close to Savannah’s most beloved attractions. The flexible layout also allows for conversion back to a single-family residence by combining upper levels while maintaining a solid rental income below. A covered patio entry welcomes guests with views of a magnificent 300-year-old live oak, anchoring the property with classic Southern beauty. Well-maintained with a newer roof and updated HVAC systems, the home is turnkey for investors, needing only cosmetic interior design upgrades. Additional highlights include four fireplaces ready to be restored, select furnishings included, and all appliances convey the sale. Positioned on a picturesque block across from the iconic Mrs. Wilkes Dining Room, this is a unique opportunity to own a piece of Savannah history with exceptional income potential, priced right. On behalf of our seller, we are pleased to offer a Buyer Broker Compensation of 2.4%.
Air-conditioning