131 S Milledge Avenue
Property Description
Four walls, four units, four separate meters - and a location that speaks for itself. Set on Milledge Ave directly across from the ADPi house at the corner of Broad, this circa-1920s stucco quadplex puts tenants in the middle of everything without sacrificing the character of an established Athens neighborhood. Zoned commercial and currently rented. Four walls, four units, four separate meters - and a location that speaks for itself. Set on Milledge Ave directly across from the ADPi house at the corner of Broad, this circa-1920s stucco quadplex puts tenants in the middle of everything without sacrificing the character of an established Athens neighborhood. Zoned commercial and currently rented, with income details available upon request. The main level holds two spacious 3-bedroom/1-bath units, each with hardwood floors, central heat and air, and its own private deck. Downstairs offers a 1-bedroom/1-bath unit and a 2-bedroom/1-bath unit, both with central heat and air and their own outdoor space. Each unit is separately metered for gas and electric, with tenants covering those utilities and the owner covering water - a straightforward setup for a new owner. Deep front porches, arched entries, and mature shade trees give the property real curb presence, while ample on-site parking is a rare find this close to campus. This is the kind of address that rarely comes up for sale - walkable, established, and positioned on one of Athens most recognized corridors. Whether your are expanding a rental portfolio or securing a foothold in one of the city's tightest markets, this quadplex offers immediate income potential with long-term upside.
Broker Details
Dwell Real Estate 706-612-5576
MLS ID: CM288003021 State License Number: 392457
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,395,000 |
| No. of Units: | 4 |
| Year Built: | 1965 |
| Lot Size: | 3,747.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $348,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 4 |
ID: 3yd-HIVEMLSNC-CL363762
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
104 Ridge Place, Unit 0
Greenville, North CarolinaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout