Savannah, GA 31401,118 E Gaston ST
Savannah, GA 31401,118 E Gaston ST
Savannah, GA 31401,118 E Gaston ST
70
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Listed by Lighthouse Realty Professional
$2,750,000
Est. payment /mo
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8 Beds
5 Baths
5,920 SqFt
Active

118 E Gaston ST Savannah, GA 31401

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Michael Stansky

Michael Stansky

+1(706) 309-0448

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,920 sqft

Price per Sqft $464

Subdivision Calhoun Ward

MLS Listing ID SA346755

Style Victorian

Bedrooms 8

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1870

Tax Year 2024

Lot Size 2,874 Sqft

Acres 0.066

Property Sub-Type Single Family Residence

Property Description

Built in 1882 by renowned builder J.J. Hale, this exceptional four-story property offers a rare opportunity to own a premier multi-family residence just steps from Forsyth Park. Seamlessly blending historic grandeur with modern upgrades, the property is configured into three distinct living spaces, providing unmatched flexibility for investors, owner-occupants, or luxury short-term rental strategies. 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

Community Park, Shopping, Street Lights, Sidewalks, Trails/Paths

Zoning RIPA

Interior

Interior Features Breakfast Area, Ceiling Fan(s), Entrance Foyer, High Ceilings, Other, Pull Down Attic Stairs, Recessed Lighting, See Remarks, Fireplace

Heating Central, Electric

Cooling Central Air, Electric

Fireplaces Number 5

Fireplaces Type Decorative, Family Room, Great Room, Living Room, Master Bedroom, Other

Inclusions Alarm-Smoke/Fire, Ceiling Fans, Dryer, Other-See Agt Remarks, Refrigerator, Washer

Equipment Air Purifier

Furnishings Furnished

Fireplace Yes

Appliance Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Dryer, Refrigerator, Washer

Laundry In Hall, Laundry Room

Exterior

Exterior Feature Balcony, Courtyard, Deck, Landscape Lights

Parking Features Attached, Garage Door Opener, Off Street

Garage Spaces 1.0

Garage Description 1.0

Fence Privacy, Yard Fenced

Community Features Park, Shopping, Street Lights, Sidewalks, Trails/Paths

Utilities Available Cable Available

Water Access Desc Public

Roof Type Asphalt

Porch Covered, Patio, Porch, Balcony, Deck, Front Porch, Wrap Around

Building

Lot Description Alley, Back Yard, City Lot, Garden, Interior Lot, Private

Story 3

Foundation Slab

Water Public

Architectural Style Victorian

Others

Tax ID 2003245009

Acceptable Financing Cash, 1031 Exchange, Private Financing Available

Listing Terms Cash, 1031 Exchange, Private Financing Available

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/sav/SA346755

Hive MLS (Classic MLS) GA

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Esther F. Garrison School of Visual and Performing Arts

    Public | PK - 8

  • 5

    Jacob G. Smith Elementary School

    Public | PK - 5

  • 4

    Thunderbolt Elementary School

    Public | PK - 5

  • 4

    Isle of Hope School

    Public | PK - 8

  • 4

    Ellis Elementary School

    Public | PK - 8

  • 4

    Gadsden Elementary School

    Public | PK - 5

  • 3

    Butler Elementary School

    Public | PK - 5

  • 2

    Hodge Elementary School

    Public | PK - 5

  • 2

    Shuman Elementary School

    Public | 1 - 5

  • 2

    East Broad Street School

    Public | PK - 8

  • 2

    Otis J. Brock III Elementary School

    Public | PK - 5

  • 1

    Haven Elementary School

    Public | PK - 5

  • 1

    Andrea B. Williams Elementary School

    Public | 1 - 5

  • 0

    Rambam Day School

    Private | PK - 8

  • 0

    Calvary Day School

    Private | PK - 12

  • 0

    Blessed Sacrament School

    Private | PK - 8

  • 0

    Ramah Junior Academy

    Private | PK - 8

  • 0

    St Paul Academy

    Private | 2 - 12

  • 0

    Notre Dame Academy

    Private | PK - 8

  • 0

    Early Learning Center at Henderson E. Fomey School

    Public | PK - KG

Middle Schools 3
  • 3

    Myers Middle School

    Public | 6 - 8

  • 1

    Derenne Middle School

    Public | 6 - 8

  • 1

    Hubert Middle School

    Public | 6 - 8

High Schools 5
  • 9

    Savannah Arts Academy

    Public | 9 - 12

  • 4

    Johnson High School

    Public | 9 - 12

  • 4

    Beach High School

    Public | 9 - 12

  • 1

    School of Liberal Studies at Savannah High School

    Public | 9 - 12

  • 0

    St Vincent's Academy

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Michael Stansky

Michael Stansky

Agent | License ID: 403637

+1(706) 309-0448

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