641/647 West Hancock Avenue, Athens, GA 30601
Local realty services provided by:Better Homes and Gardens Real Estate Elliott Coastal Living
641/647 West Hancock Avenue,Athens, GA 30601
$2,350,000
- 10 Beds
- 10 Baths
- - sq. ft.
- Single family
- Sold
Listed by: heather fincher, courtney lawrence
Office: collegetown properties llc.
MLS#:CL350474
Source:NC_CCAR
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Price summary
- Price:$2,350,000
About this home
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....
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Home facts
- Year built:2008
- Listing ID #:CL350474
- Added:96 day(s) ago
- Updated:June 28, 2026 at 02:29 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Full bathrooms:10
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heating
- Central air:Yes
Structure and exterior
- Year built:2008
Finances and disclosures
- Price:$2,350,000
Features and amenities
- Laundry features:In Hall
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