50 Springdale ST Save Request In-Person Tour Request Virtual Tour
Athens,GA 30605
Key Details
Property Type Multi-Family
Sub Type Multi Family,Quadruplex
Listing Status New
Purchase Type For Sale
Subdivision Bloomfield Historic District
MLS Listing ID 10611650
Year Built 1960
Annual Tax Amount $6,213
Tax Year 2025
Lot Size 8,276 Sqft
Property Sub-Type Multi Family,Quadruplex
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. 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.
Location
State GA
County Clarke
Interior
Heating Central,Electric,Heat Pump
Cooling Central Air,Electric,Heat Pump
Exterior
Parking Features Off Street
Community Features Near Public Transport,Walk To Schools,Near Shopping
Utilities Available Underground Utilities
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Barrow
Middle Schools Clarke
High Schools Clarke Central
Others
Special Listing Condition Updated/Remodeled