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Key Details
Sold Price $525,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,280 sqft
Price per Sqft $160
Subdivision Hancock
MLS Listing ID 10728971
Style Craftsman
Bedrooms 4
Full Baths 4
Year Built 2025
Annual Tax Amount $4,597
Tax Year 24
Lot Size 8,712 Sqft
Property Sub-Type Single Family Residence
Property Description
Welcome to 962 Reese Street - a purpose-built investment opportunity in the heart of Athens, just minutes from University of Georgia, Downtown, and the city's most in-demand student corridors. Designed as a true 4 bedroom / 4 bathroom layout, this property isn't just another rental - it's a strategic asset for long-term wealth. Each bedroom features its own private bathroom, creating the exact setup today's tenants expect and are willing to pay for. There is also a bonus room/flex space in basement that could be used as additional living space, studio or home office. The floor plan is clean, efficient, and built for durability - maximizing rent potential while minimizing turnover friction. Shared living spaces are open and functional, allowing for easy roommate living without compromise. At projected rents of $1,000 per bedroom, this property has the potential to generate $4,000 per month in gross income - but the real story isn't just income, it's positioning. For a University of Georgia parent, this becomes a completely different equation. Instead of writing checks for student housing for four years - often totaling $48,000+ with zero return - ownership at 962 Reese converts that expense into equity. Live in one room, lease the others, or fully lease all four bedrooms - either way, you are offsetting costs while holding a hard asset in one of the strongest rental markets in Georgia. New construction, low maintenance, and a highly rentable layout make this a rare combination of simplicity and performance. Whether you're an investor looking for a clean, scalable rental or a parent looking to play offense instead of defense on housing costs, 962 Reese Street delivers. In Athens, location matters. Layout matters. But ownership matters most.
Location
State GA
County Clarke
Rooms
Other Rooms Garage(s)
Dining Room Separate Room
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Hardwood, Tile
Laundry In Hall, Upper Level
Exterior
Parking Features Garage, Detached, Off Street
Garage Spaces 2.0
Fence Wood
Community Features None
Utilities Available Electricity Available, Sewer Connected, Water Available
View Y/N No
Roof Type Composition
Building
Lot Description Level
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction Yes
Schools
Elementary Schools Other
Middle Schools Clarke
High Schools Clarke Central
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition New Construction
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