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Athens,GA 30601
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Price Change
Purchase Type For Sale
MLS Listing ID 10588179
Style Bungalow/Cottage,Other
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 2006
Annual Tax Amount $3,642
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 5227.2
Property Sub-Type Single Family Residence
Source Georgia MLS 2
Property Description
Nestled in the vibrant heart of Athens, GA, just a stone's throw from the University of Georgia and the roar of Sanford Stadium, this modern 6-bedroom, 3-bathroom bungalow beckons the savvy student housing investor. More than just a property, it's a strategic asset in one of Georgia's most dynamic markets, blending prime location, proven rental history, and untapped potential into a compelling investment opportunity. Step inside to discover a thoughtfully designed layout tailored for student living. The main floor welcomes you with warm hardwood floors and freshly painted walls, flowing into a spacious living and dining area that's perfect for group gatherings or late-night study sessions. The open-concept kitchen fosters a lively, communal atmosphere, ideal for roommates sharing meals or memories. Upstairs, additional bedrooms offer flexibility, with one boasting a private porch-a coveted feature for students craving personal space. The fully finished basement, complete with two more bedrooms, adds versatile accommodation options, ensuring maximum rental appeal. This bungalow shines as a turnkey investment. With market rents reaching up to $4,200 per month and historically low vacancy rates, it delivers immediate cash flow in a market fueled by UGA's constant demand. Proximity to campus and the stadium ensures year-round occupancy, while the student housing sector's resilience offers stability even in economic downturns. Looking ahead, Athens' growth and UGA's ongoing expansion signal strong potential for property value appreciation, making this not just a purchase but a stake in a thriving, recession-resistant market. Whether you're a seasoned investor or a parent of a student looking to invest for the first time, this property is a canvas for smart living and even smarter investing. It's not just about owning a home; it's about securing a piece of Athens' vibrant, UGA-driven energy with proven returns and long-term growth. Come see this bungalow for yourself and seize the opportunity to own a cornerstone of Athens' booming student housing market. Schedule your showing today and step into a future where your investment pays dividends in both income and potential.
Location
State GA
County Clarke
Rooms
Basement Bath Finished,Exterior Entry,Finished,Interior Entry
Interior
Interior Features High Ceilings
Heating Central,Dual
Cooling Dual,Electric
Flooring Carpet,Hardwood,Tile
Fireplace No
Appliance Dishwasher,Dryer,Microwave,Refrigerator,Washer
Laundry Laundry Closet
Exterior
Parking Features Carport,Off Street
Community Features None,Near Public Transport,Walk To Schools,Near Shopping
Utilities Available Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Sewer Connected,Water Available
View Y/N No
Roof Type Composition
Garage No
Private Pool No
Building
Lot Description Sloped
Faces From Downtown Take North Ave away from Downtown. Turn Right onto First St. Home will be on the left.
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction No
Schools
Elementary Schools Howard B Stroud
Middle Schools Coile
High Schools Cedar Shoals
Others
HOA Fee Include None
Tax ID 164C1 A007A
Special Listing Condition Resale