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472 First Street, Athens, GA 30601

Beds
6
Baths
3
Sqft
2,272

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRealty South
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Overview

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

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
6
Number of bathrooms
3
Square feet
2,272
Lot size (acres)
0.12
Year built
2006

Interior features

Basement
Yes, Partially finished

Utilities

Heating
Central, Electric
Cooling
Central air, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2023)
$3,642

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: HIVE MLS (NC & GA) Includes Albemarle Area Assoc., Brunswick County Assoc., Cape Fear MLS, Crystal Coast MLS, Coastal Plains Assoc., Goldsboro Wayne County Assoc., Jacksonville Board, Johnston County Assoc., Neuse River Region Assoc., Mid Carolina Regional MLS, ORANGE CHATHAM Assoc., Rocky Mount Area Assoc., Topsail Island Assoc., Washington Beaufort County Board, Wilson Board, Savannah Multi-List Corp., Athens Area Assoc., Classic MLS and REALTORS® of Greater Augusta MLS®#: CL335242 Last checked:

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