UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,920 sqft
Price per Sqft $464
MLS Listing ID SA346210
Bedrooms 8
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 1870
Lot Size 2,875 Sqft
Acres 0.066
Property Sub-Type Triplex
Source SAV
Property Description
The main residence spans three levels and showcases 5 spacious bedrooms, 2.5 baths, soaring ceilings, elegant period details, and thoughtfully updated finishes throughout. The garden-level apartment offers a private 2-bedroom, 1-bath residence ideal for rental income, guests, or extended family. Completing the property is a separate carriage house above the private off-street garage, featuring a stylish 1-bedroom, 1-bath suite with excellent income potential.
Full Non-Owner-Occupied STVR certificates provide exceptional flexibility — live in one unit while generating income from the others, or operate all units as luxury short-term rentals. The property may also be conveyed fully furnished, offering a true turnkey opportunity.
Located in Savannah's most coveted downtown corridor, 118 E Gaston is moments from acclaimed dining, shopping, and cultural landmarks. This is a rare chance to acquire a historic, income-producing asset in one of the city's strongest rental markets.
Location
State GA
County Chatham
Zoning RIPA
Direction From Drayton St turn right on Gaston it will be the 4th home on the left.
Interior
Interior Features Ceiling Fan(s), Other, Pull Down Attic Stairs, See Remarks, Wired for Sound, Programmable Thermostat
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Hardwood
Fireplaces Type Decorative
Fireplace Yes
Appliance Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Washer, Dryer, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Balcony, Courtyard, Deck, Landscape Lights
Parking Features Attached, Underground, Garage Door Opener, Off Street
Garage Spaces 1.0
Utilities Available Cable Available
View Park/Greenbelt
Roof Type Asphalt
Porch Covered, Patio, Porch, Balcony, Deck, Front Porch
Garage Yes
Building
Lot Description Alley, City Lot, Garden
Foundation Slab
Water Public
Architectural Style Victorian
Level or Stories 4
Structure Type Balcony,Courtyard,Deck,Landscape Lights
Others
Tax ID 2003245009
Acceptable Financing Cash, Conventional, 1031 Exchange, Other
Listing Terms Cash, Conventional, 1031 Exchange, Other
Special Listing Condition Standard
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