472 First Street, Athens, GA 30601
Local realty services provided by:ERA Strother Real Estate
Listed by: brandon smith
Office: realty south
MLS#:CL335242
Source:NC_CCAR
Price summary
- Price:$420,000
- Price per sq. ft.:$184.86
About this home
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.
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Home facts
- Year built:2006
- Listing ID #:CL335242
- Added:28 day(s) ago
- Updated:November 14, 2025 at 08:56 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,272 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heating
Structure and exterior
- Year built:2006
- Building area:2,272 sq. ft.
- Lot area:0.12 Acres
Schools
- High school:Cedar Shoals
- Middle school:Coile Middle
- Elementary school:Stroud Elementary
Finances and disclosures
- Price:$420,000
- Price per sq. ft.:$184.86
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