641/647 West Hancock Avenue, Athens, GA 30601
641/647 West Hancock Avenue, Athens, GA 30601
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sherri Mayes

Sherri Mayes

+1(910) 353-2001
$2,500,000
Est. payment /mo
10 Beds
10 Baths
4,368 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,368 sqft

Price per Sqft $572

MLS Listing ID CL350474

Bedrooms 10

Full Baths 10

HOA Y/N No

Year Built 2008

Lot Size 6,970 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Source SAV

Property Description

Premier Student Housing Investment Opportunity – 10 Bedroom Duplex Near UGA
Exceptional in-town investment opportunity in the heart of Athens. This 10-bedroom, 10-bathroom (5BR/5BA per side) duplex is ideally positioned just steps from the University of Georgia and walkable to Downtown Athens. Located in one of the most desirable student housing corridors, this property offers strong fundamentals and long-term upside. Each side features spacious layouts designed for student living, ample common areas, and dedicated private parking. The unbeatable location ensures consistent rental demand and premium occupancy levels year after year.
Investment Highlights:
    •    10 Bedrooms | 10 Bathrooms (5BR/5BA per unit)
    •    Annual Gross Income: $198,230
    •    Estimated CAP Rate: 5.62%
    •    Approximately 29% Operating Expenses (on adjusted property taxes)
    •    Strong student housing fundamentals
    •    Private, spacious parking lot
    •    Ideal 1031 exchange opportunity
    •    Zoned RM1 – Multi-Family
    •    Pedestrian access to UGA
    •    Walkable to Downtown Athens
This is a rare opportunity to acquire a stabilized, income-producing asset in an unbeatable intown location with proven rental performance and continued demand from the University of Georgia student population.

Location

State GA

County Clarke

Direction From North Milledge, take a left on West Hancock, property is on the right

Interior

Heating Central, Electric

Cooling Central Air, Electric

Appliance Electric Water Heater

Laundry In Hall

Exterior

Garage No

Building

Water Public

Architectural Style Other

Level or Stories 2

Others

Tax ID 171A3 A004

Acceptable Financing Other

Listing Terms Other

Special Listing Condition Standard

Read Less Info
Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by CollegeTown Properties LLC

Nearby Locations

GET MORE INFORMATION

Sherri Mayes

Sherri Mayes

+1(910) 353-2001

Broker In Charge | License ID: 214350

Broker In Charge License ID: 214350

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Sherri Mayes, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

641/647 West Hancock Avenue