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1003 Lovell Ave, Tybee Island, GA 31328

$920,000
: 4
BD
: 3
BA
: 1,952
SqFt

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List Price: $920,000
MLS#: SA364133
Status: ACTIVE
Year Built: 1928
Style: Traditional
Bedrooms: 4
Bathrooms: 3
Half-baths: 1
Living Sq. Ft: 1,952
Acres: 0.11
County: Chatham
Subdivision: Ward 3

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Property Description

Historic 5BR/2.5BA 1952sqft Duplex Beach Cottage Located on Tybee Island Blending Original 1928 Character w/Income Potential + Active STVR Certificate! Flexible Floor Plan Offers Multiple Income Opportunities w/Projected Annual Rental Income Up to $100K! Sold Fully Furnished & Turn-Key. Unique Two Story Layout features 2BR/1.5BA Downstairs + 3BR/1BA Upstairs, w/3rd Upstairs Bedroom offering flexible use as an Additional Living Room or Bedroom! Each Level features its own Kitchen + Living Space, Providing Privacy & Convenience for Guests. Live in One Space & Rent the Other to Help Supplement Cost of Ownership, Utilize Both as a Duplex or Operate the Entire Property as a Vacation Rental! Private Backyard built for Entertaining w/Pool, Hot Tub + Sauna! Property also includes Storage Camper out front. Metal Roof. Convenient Mid-Island Location w/Easy Access to the Beach, Restaurants, Shopping & Tybee Pier! **Under Tybee Island’s Newly Approved Ordinance, Existing STVR Certificate Will Be Eligible for One-Time Transfer to a Buyer Beginning January 1, 2027, Subject to City Requirements & Approval.**

(912) 308-7430

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Additional Information

Heating: Central, Electric
Cooling: Central Air, Electric
Water: Public
Roof: Metal
Basement: None
Foundation: Slab
Appliances: Electric Water Heater