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Off market
  • $1,016,500

    602 Lincoln St, Savannah, GA 31401

    3beds
    2,661sqft
    Townhouse
    Built in 1984
    1,219 Square Feet Lot
    $1,016,500 Zestimate®
    $382/sqft
    $3,499 Estimated rent

    Home value

    $1,016,500

    $925,000 - $1.13M

    $3,499/mo

    Zestimate® history
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    What's special

    Great opportunity to buy a highly profitable income producing STVR duplex, minutes away from Forsyth park in Downtown Savannah. This home is currently leased with an existing STVR license in place. The top apartment is 2 bed, 2.5 bath with front and rear terrace, juliette balcony, living room, eat in kitchen and study. Downstairs is a 1 bed, 1 bath with open plan kitchen lounge and dining area. Property comes with 2 off street parking spaces and owners will sell fully furnished. The property is currently tenanted with one lease in place until May 2021 and the other lease open to discussion regarding an early termination if required for sale. When operated as an STVR in 2018 and 2019, the property achieved income levels of $99,220 and $100,426 in 2018 and 2019 making this a superb investment property at a pro forma 9.9% Cap Rate

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • High Ceilings
    • Flooring: Hardwood
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Living Room, Non-Working
    • Common walls with other units/homes: 1 Common Wall, End Unit
    Interior area
    • Structure area source: tax assessor
    • Total interior livable area: 2,661 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Patio & porch: Deck, Porch, Patio-Uncovered
    • Exterior features: Stucco
    Lot
    • Size: 1,219 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 2004402019
    • Zoning: RIPA

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Contemporary
    Materials
    • Frame
    • Foundation: Other
    • Roof: Built-up
    Condition
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water
    Green energy
    • Energy efficient items: Thermostat

    Community & neighborhood

    Security
    • Security features: Alarm-Smoke/Fire
    Location
    • Region: Savannah

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $4 monthly

    Other

    Other facts
    • Sewer: Public Sewer
    • FoundationDetails: Concrete Perimeter
    • Appliances: Dishwasher, Refrigerator, Dryer, Microwave, Washer, Electric Water Heater
    • FireplaceYN: true
    • Heating: Electric, Central
    • HeatingYN: true
    • PatioAndPorchFeatures: Deck, Porch, Patio-Uncovered
    • CoolingYN: true
    • AssociationYN: 1
    • FireplacesTotal: 2
    • TenantPays: Cable TV, Electricity, Gas, Sewer, Water, Trash Collection, Telephone
    • PropertyAttachedYN: true
    • WindowFeatures: Double Pane Windows
    • FireplaceFeatures: Living Room, Non-Working
    • LotFeatures: Corner Lot
    • ExteriorFeatures: Balcony
    • ArchitecturalStyle: Contemporary
    • CoveredSpaces: 0
    • CommonWalls: 1 Common Wall, End Unit
    • GreenEnergyEfficient: Thermostat
    • Cooling: Central Air, Electric
    • ParkingFeatures: Off Street, Parking Lot
    • LaundryFeatures: Laundry Room
    • InteriorFeatures: High Ceilings
    • RoomKitchenFeatures: Breakfast Bar
    • RoomMasterBathroomFeatures: Double Vanity
    • WaterSource: Public Water
    • RoadSurfaceType: Asphalt
    • RoomMasterBedroomLevel: Main
    • BuildingAreaSource: tax assessor
    • Inclusions: ceiling fans, Alarm-Smoke/Fire
    • SecurityFeatures: Alarm-Smoke/Fire
    • Zoning: RIPA
    • ConstructionMaterials: Stucco Unknown
    • MlsStatus: Active
    • AssociationName: Huntingdon Square HOA
    • TaxAnnualAmount: 3503
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/6/2021Sold$730,000-5.8%$274/sqft
    Source: Hive MLS #SA239633 Report a problem
    12/22/2020Listed for sale$775,000+65.2%$291/sqft
    Source: Judge Realty, LLC #239633 Report a problem
    3/22/2016Sold$469,000+61.2%$176/sqft
    Source: Public Record Report a problem
    3/31/2005Sold$291,000$109/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,026 +20%$487,200 +21.2%
    2024$11,684 +31.5%$402,120 +32.2%
    2023$8,885 +11%$304,240 +11%
    2022$8,006 +128.4%$274,120 +121.4%
    2021$3,505 -2.5%$123,840
    2020$3,596 +1.4%$123,840
    2019$3,546 -30.5%$123,840 +0.9%
    2018$5,104 +0.1%$122,760 -2.8%
    2017$5,096 $126,280

    Find assessor info on the county website

    Neighborhood: South Historic District

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $1,016,500
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    +$20,330
    With Zillow Showcase(estimated)
    $1,036,830