50 Springdale ST Active Save Request In-Person Tour Request Virtual Tour
Athens,GA 30605
Key Details
Property Type Multi-Family
Sub Type Multi Family,Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Bloomfield Historic District
MLS Listing ID 10611650
HOA Y/N No
Year Built 1960
Annual Tax Amount $6,213
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 8276.4
Property Sub-Type Multi Family,Quadruplex
Source Georgia MLS 2
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.
Location
State GA
County Clarke
Rooms
Basement None
Interior
Heating Central,Electric,Heat Pump
Cooling Central Air,Electric,Heat Pump
Fireplace No
Exterior
Parking Features Off Street
Community Features Near Public Transport,Walk To Schools,Near Shopping
Utilities Available Underground Utilities
View Y/N No
Garage No
Private Pool No
Building
Faces From Broad Street, take N. Milledge Avenue towards Five Points. In 0.6 miles, turn left onto Springdale Street. The property will be on your left in 0.2 miles.
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
HOA Fee Include None
Tax ID 171C3 G020
Special Listing Condition Updated/Remodeled