Charming 1930s bungalow nestled in Savannah's desirable Live Oak neighborhood, blending timeless character with thoughtful updates and exceptional flexibility. Situated on one of the larger lots on the street with ample parking, this Midtown gem offers the perfect mix of historic charm, functionality, and future potential just minutes from Daffin Park, SCAD, Starland District dining, downtown Savannah, and Truman Parkway access. Inside, natural light fills the inviting living spaces, complemented by original character details, refreshed finishes, updated flooring, original fireplaces, and a flexible sunroom ideal for a home office, creative studio, reading nook, or cozy plant retreat. The home also features a formal dining room and a layout full of character and opportunity. Sellers have already invested in major improvements including updated AC, newer flooring, siding, and roof, providing a strong foundation for the next owner. Property could benefit from some TLC, creating an excellent opportunity to build equity while designing your dream kitchen and adding your own personal style and vision. One of the property's standout features is the detached cinderblock workshop/outbuilding with plumbing and electrical already in place, offering excellent flexibility for a workshop, art studio, gym, hobby space, storage, or other creative uses. The fenced backyard provides privacy and room to garden, entertain, or simply enjoy Savannah's outdoor lifestyle. Grass in photos may be digitally enhanced for marketing purposes. Conveniently located near local restaurants, coffee shops, parks, shopping, and Savannah's vibrant downtown scene, this property presents an exciting opportunity for buyers seeking charm, versatility, and location. Whether you're looking for a primary residence, investment property, or unique live/work setup, 1122 E 40th Street offers character and potential in one of Savannah's most convenient in-town locations.