159 Cloverhurst Avenue, Athens, GA 30605

$2,649,500

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List Price
$2,649,500
MLS#
10881422
Status
ACTIVE
Type
Multifamily
Subtype
Multi Family
Lot Size
0.36
Subdivision
Five Points

Property Description

Campus Walk is an eight-unit multifamily property in the coveted Golden Triangle of Athens Five Points district, on the south side of the University of Georgia. The single all-brick building holds eight one-bedroom, one-bath flats measuring approximately 670+/- square feet, each with individual heat-pump HVAC, in-unit stacked laundry, and luxury vinyl-tile flooring. Ownership has reinvested continuously since 2015; commercial membrane roof, double-pane windows, HVAC, new parking lot, and refreshed kitchens and baths. These enhancements have yielded an efficient operating-expense ratio near 34% by ownership. The 0.36-acre infill parcel carries 16 on-site spaces, two per unit, which is uncommon in this pocket of Athens.

Additional Information

Stories
2 Stories
Year Built
1972
Parking
Off Street, Over 1 Space per Unit
Sewer
Public Sewer
Elementary School
Barrow
High School
Clarke Central
Acres
0.36
Levels
Two

Listing courtesy of Thrive.RealEstate.

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