For Sale
$425,000

203 4Th StSpringfield, GA 31329

Two Rental Homes, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two single-family rental homes situated on a 0.3-acre lot in Springfield, Georgia. The property, encompassing 203 and 205 E Fourth St, offers a combined 234 square feet of net rentable space and boasts a prime B-2 zoning designation. One unit, located at 203 E Fourth St, is a recently renovated 3-bedroom, 2-bathroom home featuring fresh paint, new flooring, and updated appliances, ready for immediate occupancy. The second unit, at 205 E Fourth St, is currently occupied by a tenant, providing immediate rental income. Both properties are conveniently located in downtown Springfield, just a block from Laurel St. Built in 1950, this property presents significant upside potential due to its zoning and location. The combined parcels, S1070049 and S1070050, offer a compelling investment opportunity for those seeking a strong return in a desirable location. The asking price for this multifamily property is $425,000.

Property Details for 203 4Th St

Property type
Mixed-use properties, Land
Year Built
1950
Lot Size (sq. ft)
13,068 SF

Location Insight

City
Springfield
County
Effingham
State
Georgia
Latitude
32.366533890158
Longitude
-81.307897955312
203 4Th St, Springfield, Georgia

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203 4Th St
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