50 Springdale ST new

Athens,GA 30605

$ 1549500

8 Beds

4 Baths

2916 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,916 sqft

Price per Sqft $531

MLS Listing ID CL340406

Bedrooms 8

Full Baths 4

Year Built 1960

Lot Size 8,276 Sqft

Property Sub-Type Quadruplex

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. Showings by appointment only. Do not disturb tenants.

Location

State GA

County Clarke

Zoning RS-8

Interior

Heating Central,Electric,Heat Pump

Cooling Central Air,Electric,Heat Pump

Exterior

Utilities Available Underground Utilities

Building

Story 2

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional,1031 Exchange,Other

Listing Terms Cash,Conventional,1031 Exchange,Other

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/sav/CL340406

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