235 Cedric Street, Leesburg, GA 31763
Local realty services provided by:ERA All In One Realty
Listed by: morgan layfield and miranda phillips team
Office: compass georgia
MLS#:169428
Source:GA_SWGBR
Price summary
- Price:$625,000
- Price per sq. ft.:$143.65
About this home
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....
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Home facts
- Year built:1860
- Subdivision & Development:N/A
- Listing ID #:169428
- Added:47 day(s) ago
- Updated:August 08, 2026 at 03:24 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Ceramic Tile, Hardwood, New Carpet
- Kitchen Description:Dishwasher, Refrigerator, Refrigerator Icemaker, Stove/Oven Electric
- Living area:4,351 sq. ft.
Structure and exterior
- Year built:1860
- Building area:4,351 sq. ft.
- Lot area:0.97 Acres
- Lot Features:Paved Road
- Construction Materials:Brick, Wood Siding
- Exterior Features:Deck, Fenced Back Yard, Fenced Privacy, Patio Covered, Patio Open, Porch Covered, Sprinkler System, Sprinkler System Beds, Storage Building
- Levels:2 Stories
Utilities
- Sewer:Lee County Utilities
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$143.65
- Tax amount:$2,481 (2025)
Features and amenities
- Amenities:Built-in Bookcases, Crown Moulding, Handicap Provisions, Newly Painted, Open Floor Plan, Pantry, Specialty Ceilings, Split Floor Plan, Walk-in Closets, Wide Baseboard
Parking
- Total parking spaces:10
- Parking description:Parking Pad, Spaces, Triple
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