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472 First Street
АфиныGA 30601

$524,900
For Sale Price Reduced
Инструменты
Брошюра
Size
6
Спальни
3
Full Baths
2,040 Площадь (кв. фт)
interior
0.12 Участок (акры)
Exterior
Financial
$524,900
Change Currency
$257
Price Per Sqft
$3,642
Annual taxes
Listing Details
Отдельная семья
Тип недвижимости
2006
Год постройки
Stroud Elementary
Schools
Stroud Elementary
Начальный
Coile Middle
Средний
Cedar Shoals
Старший
5558186
Веб-идентификатор
1021487
Номер в системе MLS
17
Days Posted

Описание

472 First Street,

Афины, GA 30601

Nestled near the University of Georgia, in the vibrant heart of Athens, GA, sits a modern bungalow ripe for the taking by the astute student housing investor. This isn't merely a property; it's a strategic asset with prime location and robust rental history. Property Overview: Location: Proximity to UGA and the stadium ensures constant demand from students. Layout: A spacious 6-bedroom, 3-bathroom setup designed for student living. Rental Status: Currently leased at $3,900 monthly through July 2025, guaranteeing immediate cash flow. Investment Highlights: High Cap Rate: Priced to deliver an attractive cap rate, promising excellent ROI. Rental Stability: The area's high demand for student housing means low vacancy rates. Versatile Layout: Ideal for accommodating multiple students or privacy-conscious tenants. Property Features: Main Floor: Warm hardwood floors and freshly painted walls lead to a large living/dining area, perfect for groups or study sessions. Kitchen: Open plan, fostering a communal living environment. Upstairs: Additional bedrooms, one with a private porch, enhancing appeal for students seeking personal space. Basement: Fully finished with two more bedrooms, offering versatile accommodation options. Why Invest in Student Housing Here? Consistent Demand: Proximity to UGA ensures year-round occupancy. Economic Resilience: Student housing often performs well even in economic downturns due to the necessity for student accommodation. Growth Potential: The area's development and UGA's expansion could lead to property value appreciation. Investment Strategy: Long-Term Vision: This property isn't just about immediate returns but also about capital growth in a market with stable demand. Future Development: With UGA's growth, properties in this locale could see increased value over time. This bungalow isn't just a home; it's a smart investment in one of the most dynamic student markets in Georgia. With immediate rental income secured through July 27th 2025 and a strategic location near UGA, this property stands as an exemplary choice for those looking to invest in student housing. It's not just about buying real estate; it's about securing a piece of a thriving, recession-resistant market where your property not only pays for itself but also holds the promise of future appreciation. Whether you're looking to dive into the real estate market with a property that's already proving its worth or seeking a home that places you at the epicenter of Athens' energy, this bungalow is your canvas. Ready to be painted with your dreams, it stands as a testament to smart living and even smarter investing. Come, see, and seize the opportunity that this property in the shadow of UGA and the roar of the stadium offers.

This is an Active listing.

Broker Office Phone Number: 706-215-0061

Copyright © 2024Athens Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Удобства

  • Bedroom on Main Level
  • Carpet
  • Carpeted Floors
  • Dishwasher
  • Porch
  • Refrigerator
  • Tile Flooring
  • Wood Floors
  • Dryer Included
  • Washer / Dryer
  • Garage
  • Off Street Available
  • Underground Parking

История цен

datepricevariancetype
9/28/2024$524,900 0.02 %уменьшился
9/19/2024$525,000-Перечислено
Listing By: Realty South via Data Source: Athens Area Association of Realtors 
листинговый агент: Brandon Smith


Located at 472 First Street, Афины, Джорджия 30601, this Отдельная семья is for Продажа with a price of $524,900 USD. The property was built in 2006, includes 6 bedrooms, has 3 full baths. This listing has 2,040 Кв. футов of interior space on a lot of .12 Участок (акры). See all Homes for Продажа in Афины.
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