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203 4Th St Springfield, GA 31329

Sponsored
For Sale
$425,000

Two Rental Homes, High Potential

Description

Added:
Dec 11, 2024
Days on Market:
391
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 Features for 203 4Th St

General Information

Property type
Multifamily properties
Lot Size
13,068 SF

Building Details

Year Built
1950

Property Profile Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Effingham
State
Georgia
Longitude
-81.307897955312
Latitude
32.366533890158

FAQs

What type of property is this?
Multifamily property - Two Rental Homes, High Potential
Where is this multifamily property located?
The property is located at 203 4Th St Springfield, GA.
What is the asking price?
The asking price for this property is $425,000.
More about this property
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