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Off market
  • $494,400

    179 Magnolia Bluff Dr, Athens, GA 30601

    12beds
    1,351sqft
    MultiFamily
    Built in 2004
    -- sqft lot
    $494,400 Zestimate®
    $366/sqft
    $1,622 Estimated rent

    What's special

    This cottage is ONE of FOUR that must sell as a package. The list price is $185,000 per cottage for a total asking price of $740,000. Seller is selling for a 1031 Tax Exchange and the units may NOT be sold one off due to timing and IRS regulations. Investors may purchase all four or possibly two if terms are feasible for the 1031. All four units are located on the cul-de-sac of Magnolia Bluff in the Retreat. Addresses are as follows: 167, 173, 179, and 172 Magnolia Bluff Athens, GA 30601. The units are all leased until July 2020 at slightly varying rates. Listing agent will provide rent roll to buyers or buyer's agent upon request. 24 Hours notice to show no exceptions per tenant's lease agreements. All showings MUST be set up through the property manager. Each Cottage has three bedrooms and three baths with large private decks and off street parking. These units have an excellent rental history and provide a rare opportunity to own investment property close to downtown Athens, GA.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    • Full bathrooms: 12
    Heating
    • Heat pump
    Cooling
    • Central
    Features
    • Intercom
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 1,351 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 2,178 sqft
    Details
    • Parcel number: 163B3G018

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Foundation: Concrete Block
    • Roof: Asphalt
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: City/County

    Community & neighborhood

    Location
    • Region: Athens

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $125 monthly

    Other

    Other facts
    • Rooms: Kitchen, Living Room, Laundry Closet
    • Floors: Carpet, Tile, Laminate
    • Appliances: Dishwasher, Refrigerator, Standard Oven, Dryer, Washer, Microwave
    • Water: City/County
    • Sewer: City/County
    • Foundation/Basement: Slab, Crawl Space
    • Multi-Family Extras: Deck, Club House, Pool
    • Documents on File: Other-See Remarks
    • Ownership: Owner
    • City: Athens
    • Heat: Electric, Heat Pump
    • Extras: Cable Available, High Speed Internet Available
    • Exterior Features: Deck
    • Property Type: Other Multi-Family
    • Style: Cottage
    • Air: Heat Pump
    • Assoc Fee Include: Common Area Maint, Swimming Pool, Common Electricity
    • Amenities: Pool, Clubhouse
    • Area: 00: In Town
    • Stories: Two
    • Interior Features: Intercom
    • Lot Size/Acreage: 0.0-0.25
    • Construction: HardiPlank Type
    • Subdivision: The Retreat
    • Ownership: Owner
    Services availability
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