8 T.S. Chu Terrace

Tybee Island, GA
$ 1,070,000 Beds 6 Baths 5 Sq 2,640 Virtual Tour
Monthly Estimate* How much can I afford?

Unique opportunity to own a renovated 5 unit multi family, historic property steps away from Tybee's famous "South End" beachfront. Exceptional location within walking distance to restaurants, shopping, bars, the famous Tybee Pier and 17th Street beach crossover. The building went through a full historic renovation in 2014 and it sold turnkey to a new owner. The property offers excellent parking, handicap accessible, building fully sprinkled, metal roof, newer HVAC units, and is zoned commercial. The property is currently an active vacation rental. The building consists of (4) 1 Bd/1Ba units and (1) 2Bd/1Ba unit with extensive porches for enjoying the summer breezes for each unit. Ideal for an investor or a live on site property owner that manages the remaining units for additional income. These opportunities rarely become available with such a turnkey property and ideal beachside location.

Contingent

  • Price
  • $ 1,070,000
  • Lot Size
  • 5,663 SqFt
  • Bedrooms
  • 6
  • Sqr Footage
  • 2,640
  • Full Bathrooms
  • 5
  • Year Built
  • 1930
  • Half Bathrooms
  • 0
  • City, Zip
  • Tybee Island
  • Taxes
  • 6775
  • County
  • CHATHAM
  • Style
  • Bungalow,Cape Cod
  • Area
  • BeachWalk
  • MLS#
  • 240101
  • Zip
  • 31328
Listing Provided by: Waterline Real Estate Group LLC
Data Source: Savannah Board of Realtors

Features

General

Accessibility Accessible Approach with Ramp
Appliances Dishwasher, Electric Water Heater, Microwave, Oven, Range, Dryer, Refrigerator, Washer
Architectural Style Bungalow, Cape Cod
Building Name BeachWalk
Community Features Shopping
Construction Materials Block, Wood Siding
Cooling Central Air, Electric
Electric 110 Volts
Elementary School Maritime
Exterior Features Balcony, Covered Patio, Deck, Outdoor Grill, Porch
Flooring Tile, Wood
Heating Central, Electric
High School Islands
Interior Features Ceiling Fan(s)
Middle/Junior High School Coastal
Other Structures Storage
Patio/Porch Features Balcony, Covered, Deck, Front Porch, Patio, Porch
Property SubType Multi Family
Property Type Residential Income
Roof Metal
Sewer Public Sewer
Subdivision Name BeachWalk
Terms Cash, Conventional, 1031 Exchange
Total Units 1
Utilities Cable Available, Underground Utilities
Virtual Tour https://www.propertypanorama.com/instaview/sav/240101
Zoning C1
Zoning Description Commercial, Multi Family

Interior Features

Air Conditioning Y/N Yes
Full Baths 5
Heating Y/N Yes
Laundry Features Other
Living Area 2640
Total Baths 5
Total Bedrooms 6

Exterior Features

Fencing Wood, Yard Fenced
Foundation Details Block
Lot Dimensions 80W X 70L
Lot Features Interior Lot, Level
Lot Size Acres 0.13
Lot Size Area 0.13
Lot Size Square Feet 5663
Lot Size Units Acres
Number of Buildings 1
Number of Lots 1
Number of Pads 5
Road Surface Type Asphalt
Roadresponsibility Public Maintained Road
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Hinesville, GA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Maritime Elementary School
Middle School Coastal Middle School
High School Islands High School

Price History

1/7/2021 Listed $1,070,000

Property vs Zip Code Average in 31328

Price
AVG $620K
$1.07M
Taxes
AVG $4,636
$6,775
Visits
AVG 282
57
Year Built
AVG 1986
1930
Walkscore
AVG 37
37
Data Provided by Walkscore ® not using MLS data

Map

8 T.S. Chu Terrace Tybee Island, GA is a Single Family Home for sale at $1070000 with 2640 sqft and a lot size of 5,663 SqFt Acre(s). 8 T.S. Chu Terrace Tybee Island has 6 bedrooms, 5 baths and was built in 1930. The property's zip code is 31328 which is in Tybee Island, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.