2505 W Broad St, Athens, GA 30606

$145,000
2
BD
2
BA

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Sold Price
$145,000
List Price
$139,000
Closing Date
Jan 31, 2024
MLS#
CM1012502
Type
Condo
City
Athens
County
Clarke
Subdivision
Rivers Edge
Bedrooms
2
Bathrooms
2
Year Built
1984

Property Description

Welcome to Unit 332 at Rivers Edge Condominiums: A Smart Investment for Homebuyers and Investors Exciting developments unfold at Rivers Edge as Athens Real Estate Group takes the reins with transformative management since the end of 2022. A commitment to enhancing the community's appeal is evident through ongoing renovations, promising a residence you'll be proud to own. Community Upgrades: Under new management, Rivers Edge has witnessed a series of improvements, from handrails and fascia to trim and exterior paint jobs. The meticulous renovations include scheduled roof replacements or repairs, with further enhancements projected to conclude by late 2025. Building 300, home to Unit 332, has seen a recent roof replacement in 2023, with plans for additional upgrades, including replacing the wooden fascia with a durable hardy plank. Significant renovations, including a fresh paint job, are slated to begin in April 2024, reflecting the commitment to elevating community living. Strategic Locale: Discover Unit 332 at 2505 W Broad St, Rivers Edge Condominiums—an ideally situated residence between downtown Athens, GA, and convenient access to 316 and the Georgia loop. Enjoy proximity to shopping and amenities for your daily convenience. First-Time Homebuyers' Dream: For first-time homebuyers seeking an affordable home with built-in equity, Unit 332 presents an exceptional opportunity. Competitively priced, this residence allows you to enter the market with potential gains. While some tender love and care may be required, this presents an excellent chance for those willing to invest in sweat equity. •High Equity Potential: Similar properties in Rivers Edge demonstrate strong value, selling for upwards of $160,000, with rental incomes exceeding $1,400 per month. Investor's Choice: Investors, take note! Strategically located just a few miles from Saint Mary's and with easy access to key routes, this property is a shrewd addition to your portfolio. Comparable properties in Rivers Edge are selling for upwards of $160,000 and commanding rents exceeding $1,400 per month, promising a robust return on investment. Whether you're a first-time homebuyer seeking equity or an investor eyeing a lucrative return, Unit 332 beckons. Explore this opportunity to be part of the revitalized Rivers Edge community. Contact us today to schedule a viewing and secure your stake in this exceptional investment. Invest with confidence, and live beautifully at Rivers Edge! Video walkthrough.???????????????????????????????????????? https://youtu.be/vHw_9qpaq9c

Additional Information

Elementary School
Alps Road
Middle School
Clarke Middle
High School
Clarke Central
Exterior Features
Tennis Court(s)
Interior Features
Ceiling Fans, Vaulted/Cathedral Ceilings
Lot Description
None
Style
Loft
Basement Type
None

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty LLC. Selling Office: Boardwalk Realty.