1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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Status: Active

472 First St 
Athens, GA 30601

14% Drop

$524,900

$449,000

------/mo*
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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 6-bedroom, 3-bathroom bungalow 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 $4,200 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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Bedrooms
6
Baths
3
House Size
--
Year Built
2006
Lot Size
0.12 ac

Location

Market Insights

In the last 30 days, homes for sale in 30601, Athens, GA were on the market for a median of 90 days and 50% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Dryer
Microwave
Refrigerator
Washer
basement
Exterior Entry
Finished
Interior Entry
cooling
Dual
Electric
features
High Ceilings
High Speed Internet
flooring
Carpet
Hardwood
Tile
heating
Central
laundry features
Laundry Closet

Exterior Information

patio and porch
Porch
roof
Composition

Property Information

architectural style
Bungalow/cottage
Other
community
None
construction
Concrete
lot
Sloped
parking
Carport
Off Street
sewer
Public Sewer
subdivision name
None
utilities
Cable Available
Electricity Available
Natural Gas Available
Sewer Connected
Water Available
water source
Public
  • Listed By Brandon Smith
  • (706) 255-0322
  • Realty South Athens, LLC
  • (706) 548-4176
  • sarawilson8@bellsouth.net
  • MLS 10588179

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$3,996 (+9.7%)$60,000$259,700$319,700 (+9.7%)
2023$3,642 (+33.8%)$60,000$231,359$291,359 (+36.6%)
2022$2,721 (0%)$45,000$168,249$213,249 (+24.3%)
2021$2,721$45,000$126,511$171,511

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$2,899

30 year fixed·6.9% interest rate
Principal & Interest
$2,366
Property Taxes
$333
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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