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235 Cedric Street

Leesburg, GA 31763
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Bed 6

Bed

Bath 3.5

Bath

SqFt4,351

Sqft

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, bedroo m, 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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Detail Ic Property Details

Property Type : Detached Single Family

Price : $625,000

AD Id : 86159910

MLS Id : 169428

Beds : 6

Living Area Size : 4,351

Year Built : 1860

Garage : 10

County : Lee

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Water/Sewer

    Water Source: Lee County Util Sewer: Lee County Utilities
  • Room Information

    Primary Bedroom Sitting Area,Primary Bath: Ceramic Tile,Primary Bath: Walk-in Closet,Laundry Closet,Laundry Room,Foyer,Utility Room,Office,Media Room,Sun Room,Mud Room,Other-See Remarks

    Interior Features

    Chair Rail,Crown Moulding,Wide Baseboard,In-Law Floorplan,Handicap Provisions,Built-in Bookcases,Newly Painted,Lighting Recessed,Open Floor Plan,Pantry,Separate Shower Primary,Sitting Area Primary,Specialty Ceilings,Walk-in Closets,Split Floor Plan,Other-See Remarks Exterior Property Features: Patio Covered,Patio Open,Deck,Porch Covered,Fenced Back Yard,Fenced Privacy,Storage Building,Sprinkler System,Sprinkler System Beds,Other-See Remarks Windows: Bay,Blinds Plantation,Mini Blinds Property Appliances: Dishwasher,Microwave,Oven,Refrigerator,Refrigerator Icemaker,Stove/Oven Electric,Alarm Security System,Smoke Detector,Other-See Remarks Fireplace: Fireplace,2+ Fireplaces,Other-See Remarks
  • Flooring Information

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

    Heating & Cooling

    A/C: Central Electric,Heat: Central Electric,Ceiling Fans,Double Pane Windows,Other-See Remarks

    Window Information

    Window Treatments: Bay,Blinds Plantation,Mini Blinds

  • Building Information

    Exterior Wall: Tongue and Groove,Sheet Rock,Other-See Remarks Year Built: 1860 Block: 1 Building Stories: 2 Fireplace: Fireplace,2+ Fireplaces,Other-See Remarks Construction: Frame,Brick,Wood Siding,Other
  • Exterior Features

    Patio Covered,Patio Open,Deck,Porch Covered,Fenced Back Yard,Fenced Privacy,Storage Building,Sprinkler System,Sprinkler System Beds,Other-See Remarks
  • Utility Features

    Water: Lee County Util Sewer: Lee County Utilities

  • Listing Price Information

    Original List Price: $625,000
  • Listing Information

    Legal Description: LOT 1 OF REDIV TR 12 CRAFT ESTATES

  • Tax Information

    Annual Tax: $2,481 Tax Year: 2025 Parcel Number: 040D017

  • Parking Information

    Garage: 10 Parking Features: Parking Pad,Triple,Other-See Remarks Parking Type: Spaces
  • Multi-Unit Information

    Possible Financing: Cash,VA Loan,Conventional,Other-See Remarks Square Foot Source: Courthouse Approx Parcel Size: 0.97 Bath: 3 Bedrooms: 6 Unit Block: 1
  • Homeowners Association Information

    None

  • Fire Place Information

    Fire Place: Fireplace,2+ Fireplaces,Other-See Remarks
  • Utility Information

    Water:Lee County Util Sewer:Lee County Utilities Utilities:Electricity Connected,High Speed Internet,Sewer Connected,Water Connected
  • Location Information

    Area:East Lee Direction: Travel North on US HWY 19 toward Leesburg. Turn right on Cedric St. Property will be on your right.
  • Direction Information
    Travel North on US HWY 19 toward Leesburg. Turn right on Cedric St. Property will be on your right.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
237 Thundering Springs .., Leesburg, GA, 31763 $517,900 4 4 3,086 3,086 SqFt
1048 Philema Road S, Leesburg, GA, 31763 $850,000 4 2 2,480 2,480 SqFt
167 Donald Road, Leesburg, GA, 31763 $236,500 3 2 1,316 1,316 SqFt
135 Thomas Street, Leesburg, GA, 31763 $274,400 3 2 1,481 1,481 SqFt
774 Flowing Well Road, Leesburg, GA, 31763 $539,900 3 2.5 2,040 2,040 SqFt
1048 Philema Road, Leesburg, GA, 31763 $850,000 4 2 2,480 2,480 SqFt
125 Marlee Court, Leesburg, GA, 31763 $269,900 3 2 1,821 1,821 SqFt
209 Long Pine Drive, Leesburg, GA, 31763 $249,900 3 2 1,575 1,575 SqFt
187 Big Oak Drive, Leesburg, GA, 31763 $244,500 3 2 1,664 1,664 SqFt
238 Long Pine Drive, Leesburg, GA, 31763 $238,900 3 2 1,492 1,492 SqFt

All listings featuring the "Albany GA Area" as the source are provided by "Albany Board of Realtors". This information is not verified for authenticity or accuracy and is not guaranteed.

ByOwner last updated this listing 06/29/2026 @ 12:31

MLS: 169428 LISTED BY: Morgan Layfield and Miranda Phillips Team, Compass Georgia 229-900-7900 SOURCE: Albany Board of Realtors

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