50 Springdale Street, Athens, GA 30605
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Lot size (acres)
- 0.19
- Year built
- 1960
Utilities
- Heating
- Heat pump, Central, Electric
- Cooling
- Central air, Electric, Heat pump
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2025)
- $6,213.49
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Georgia MLS MLS®#: 10611650 Last checked: …
