Athens, GA 30601,472 First ST
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Athens, GA 30601,472 First ST
Athens, GA 30601,472 First ST
Athens, GA 30601,472 First ST
Athens, GA 30601,472 First ST
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Royce Abbott
$ 420,000
Est. payment /mo
Price Dropped by $29K

472 First ST Athens, GA 30601

6 Beds

3 Baths

2,272 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,272 sqft

Price per Sqft $184

Subdivision No Recorded Subdivision

MLS Listing ID CL335242

Style 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

Property Sub-Type Single Family Residence

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 5-bedroom, 3-bathroom bungalow with an additional bonus room 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 $3250 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 Bathroom, Full, Partially Finished

Main Level Bedrooms 2

Interior

Interior Features Cathedral Ceiling(s)

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Appliance Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Laundry Laundry Room

Exterior

Exterior Feature Porch

Parking Features Off Street

Community Features None

Water Access Desc Public

Porch Porch, Screened

Building

Lot Description Sloped

Story 2

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

Elementary Schools Stroud Elementary

Middle Schools Coile Middle

High Schools Cedar Shoals

Others

Tax ID 164C1-A-007-A

Ownership Investor

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/sav/CL335242


Listed by Realty South
Royce Abbott

Royce Abbott

Advisor | License ID: 438255

+1(912) 438-9043

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472 First ST