This unique property is a fantastic investment opportunity! Originally a single house, itâ??s now divided into four lucrative rental units: â?¢ Main Level: â?¢ A spacious 3-bedroom, 1.5-bath unit â?¢ A separate 1-bedroom, 1-bath unit â?¢ Upper Level: â?¢ Two 2-bedroom, 1-bath units With its high rental income potential, this property offers excellent returns for the right buyer. Whether youâ??re looking to expand your portfolio or secure a reliable income stream, this property checks all the boxes!
The median home value in Savannah, TN is $237,500. This is higher than the county median home value of $173,200. The national median home value is $338,100. The average price of homes sold in Savannah, TN is $237,500. Approximately 41.42% of Savannah homes are owned, compared to 44.13% rented, while 14.46% are vacant. Savannah real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Savannah real estate agent to arrange a tour today!
Savannah, Tennessee has a population of 7,157. Savannah is more family-centric than the surrounding county with 28.59% of the households containing married families with children. The county average for households married with children is 26.2%.
The median household income in Savannah, Tennessee is $37,057. The median household income for the surrounding county is $45,092 compared to the national median of $69,021. The median age of people living in Savannah is 36.4 years.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 27.8 degrees. The average rainfall is approximately 57.4 inches per year, with 2.2 inches of snow per year.