235 Cedric Street, Leesburg, GA 31763
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235 Cedric Street, Leesburg, GA 31763
235 Cedric Street, Leesburg, GA 31763
235 Cedric Street, Leesburg, GA 31763
235 Cedric Street, Leesburg, GA 31763
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$ 625,000
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235 Cedric Street Leesburg, GA 31763

6 Beds

4 Baths

4,351 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,351 sqft

Price per Sqft $143

MLS Listing ID 169428

Style Farm House

Bedrooms 6

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1860

Annual Tax Amount $2,481

Tax Year 2025

Lot Size 0.970 Acres

Property Sub-Type Single Family Residence

Property Description

Commanding in presence, rich in history, and filled with unmistakable Southern charm, The Cedric House presents a rare opportunity to own a piece of Leesburg history while generating immediate income. Built in 1860, this estate has been thoughtfully restored to preserve its architectural character while creating a functional, income-producing property. Recently appraised at $700,000, The Cedric House offers 4,954 total building square feet, 4,351 heated and cooled square feet, nearly an acre, and C-2 General Commercial zoning. Inside, the property impresses with high ceilings, crown molding, original hardwood floors, elegant fireplaces, natural light, and historic details throughout. Currently configured with three fully furnished suites, each with a private entrance, sitting room, bedroom, and full bathroom, the property generates $5,400 per month in rental income from top-quality tenants. An additional private office is available to lease for $1,200 per month, creating potential for $6,600 per month in total income. That same office could serve as an owner's office, management space, or be converted into a fourth suite. The Cedric House can serve multiple buyer profiles. An investor can continue the furnished rental concept with income already in place. An owner-user could live in the home while leasing the three additional suites, creating a unique live/work investment opportunity. A business owner could occupy the private office while collecting income from existing rental units. The layout also offers expansion potential, with existing rooms potentially reconfigured to create up to six or seven suites. A hidden office behind a paneled wall adds flexibility for storage, management, private workspace, or creative use. Offered furnished, this is a true turnkey opportunity. With C-2 zoning, historic appeal, income in place, and an adaptable floor plan, the possibilities are extensive. Continue its current use, or reimagine the space as a boutique inn, bed-and-breakfast, professional office, wellness center, counseling practice, salon, coworking studio, event venue, antique market with vendor booths, senior care home, personal care home, or assisted-living concept, subject to approvals. If zoning and governmental approvals allow, the property could also be converted back to a private residence, restoring its original purpose and preserving its history. Own Leesburg history, generate income, and invest in real character, flexibility, and true potential.

Location

State GA

County Lee

Area Lee

Rooms

Master Bathroom Primary Bath: Ceramic Tile, Primary Bath: Walk-in Closet

Interior

Interior Features Chair Rail, Crown Molding, Wide Baseboard, In-Law Floorplan, Built-in Bookcases, Newly Painted, Recessed Lighting, Open Floorplan, Pantry, Separate Shower Primary, Sitting Area Primary, Specialty Ceilings, Walk-In Closet(s), Other-See Remarks, Other Walls See Remarks, High Speed Internet, Entrance Foyer, Utility Room, Office, Media Room, Sun Room, Mud Room

Heating Fireplace(s), Central Electric

Cooling Central Electric, Ceiling Fan(s)

Flooring Ceramic Tile, Hardwood, New Carpet, Luxury Vinyl, Other-See Remarks

Fireplaces Type 2+ Fireplaces, Other-See Remarks

Fireplace Yes

Window Features Bay Window(s),Blinds Plantation,Mini Blinds,Double Pane Windows

Appliance Dishwasher, Microwave, Oven, Refrigerator, Refrigerator Icemaker, Stove/Oven Electric, Other-See Remarks

Laundry Laundry Closet, Laundry Room

Exterior

Exterior Feature Sprinkler System, Sprinkler System Beds, Other-See Remarks

Parking Features Parking Pad, Triple, Other-See Remarks, Spaces

Garage Spaces 10.0

Fence Back Yard, Privacy

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None,Other-See Remarks

View Y/N No

Water Access Desc Lee County Util

Roof Type Shingle

Porch Patio Covered, Patio Open, Deck, Porch Covered

Total Parking Spaces 10

Garage No

Building

Lot Description Other-See Remarks

Story 2

Foundation Raised, See Remarks, Other

Sewer Lee County Utilities

Water Lee County Util

Level or Stories 2

Stories 2

Floor Plan 2

Others

Acceptable Financing Cash, VA Loan, Conventional, Other-See Remarks

Listing Terms Cash, VA Loan, Conventional, Other-See Remarks


Listed by Compass Georgia
Debbie Kirkland

Debbie Kirkland

Broker License ID: BK3052075

+1(850) 212-0440

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235 Cedric Street