1108 Reserve Lane

St. Simons Island, GA 31522

This well-kept fully furnished home that comfortably sleeps eight guests with 3 bedrooms, 2.5 baths and a private garage and laundry room with added screen patio is move-in or rental ready! IMMACULATE condition recently painted & newly furnished townhome offers quality interior finishes which include 9' ceilings, granite counter tops, hardwood flooring and tiled bathrooms throughout. The kitchen offers stainless appliances, under cabinet lighting, pantry and breakfast bar with seating for four and a dining room table that seats six. The newly added screen porch, with high-top seating for six, is perfect for renters or owners to enjoy the calmness of the island. Primary bedroom offers an en-suite bathroom with tile shower, tub, dual sinks and walk in closet. There is a community swimming pool and nice landscaping throughout. Prior owner rented in 2022 (12 months) generating $62K income and current owner rented from 9/23 through 7/7/24 (11 months) generating $41K for a combined total of $103k in less than two years. This unit is currently rented from 7/7/24-2/15/25 for guaranteed income of over $39k which will bring the total combined rental income to $142k in two years. New owners will assume the current rental agreement at the time of sale and income generated from the renter from the date of sale will be transferred over to the purchaser of this unit. This island perfect unit is great for main residence, vacation home or long or short-term rentals. This home offers a luxury feel and is move-in ready. Ideal mid island location, minutes to the beach & the Village, shopping, and restaurants - easy access on and off the island and 1.8 mile from beach access. VERY EASY TO SHOW!

This is an Active listing.

Broker Office Phone Number: 888-638-4750

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