GA
Clarke
Athens
30605
50 Springdale Street
50 Springdale Street, Athens, GA 30605
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Listing Type
Multi Family
Listing Status
under contract
27
$1,549,500

Home Details for 50 Springdale Street

Price
$1,549,500
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1960
Lot size acres
0.19
County
Clarke
Garage
Basement
None
Days on site
49
MLS Listing#
10611650
Property Description

Property Description: Rare opportunity to acquire a stabilized multifamily building in the heart of Five Points, just one block from the UGA campus in the historic Bloomfield District. This 4-unit, 2BR/1BA quadruplex is turnkey and has been 100% leased since 2010. Its prime location-within walking distance of UGA Campus, Sanford Stadium, the UGA Coliseum, Five Points, and Downtown Athens-makes this blue-chip property an exceptional investment, with the strongest appreciation potential of any submarket. As one of only five purpose-built quadruplexes in the "Golden Triangle," Athens' most coveted rental area, this property stands out. Have kids attending UGA? Let the rents cover the mortgage and use a spare bedroom for travel weekends or game days-no need to spend $500/night on hotels. The building offers free on-site parking, is smoke-free and pet-free, and has no carpet. All tenants have parental guarantees, and 100% are graduate students, UGA employees, or faculty members-creating strong multi-year leasing potential. Owner financing is available with 25% down at a 3.95% fixed interest rate, making this an attractive acquisition for most investors. This property is a one-of-a-kind, popular rental or future condo conversion opportunity. Showings by appointment only. Do not disturb tenants. Location Description: Situated in the highly desirable Bloomfield Historic District, this property is just one block from the University of Georgia campus and close to the heart of Athens' Five Points community. Five Points offers a vibrant mix of local shops, dining, and everyday conveniences. Residents enjoy easy access to Sanford Stadium, the UGA Coliseum, and Downtown Athens. This central location in Athens' "Golden Triangle" is one of the most sought-after rental areas, consistently attracting students, graduate professionals, faculty, and UGA staff.

Property Features
  • Cooling Information
    • Central Air
    • Electric
    • Heat Pump
  • Heating Information
    • Heat Pump
    • Central
    • Electric
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
  • Parking
    • Off Street
  • Basement
    • None
School Information
School Information for 50 Springdale Street, Athens, GA 30605
Elementary School
Barrow
Middle School
Clarke
High School
Clarke Central
Listing Courtesy: NAI Elrod Group - 706-553-1000
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EXIT REALTY SELF PROPERTY ADVISORS
32 Macon Street, McDonough, GA 30253
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770 597 2888
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