203 4Th St, Springfield, GA 31329
- Residential income homes
- 0.30 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 203 4Th St
- Year built
- 1950
- Lot size
- 0.30 lot acres
- Property type
- Residential income homes
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Effingham
- State
- Georgia
- Longitude
- -81.307897955312
- Latitude
- 32.366533890158
