153 Morton AVE

Athens,GA 30605

$ 1070000

5 Beds

3 Baths

3406 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 3,406 sqft

Price per Sqft $314

MLS Listing ID 10499652

Style Bungalow/Cottage

Bedrooms 5

Full Baths 3

Year Built 1934

Annual Tax Amount $7,473

Tax Year 2024

Lot Size 10,890 Sqft

Property Sub-Type Single Family Residence

Property Description

This classic stone cottage isn't just located in the heart of Five Points this is the heartbeat of Five Points. A proven income-producing asset for over two decades, this property has been continuously rented to Kappa Alpha Theta sorority members for the past 25 years, with new tenants renewing every two years. It is currently leased at $5,000/month, and demand remains strong year after year. Offering 5 bedrooms, 3 bathrooms, and RM-1 multifamily zoning, the home presents excellent upside for investors. Featuring hardwood floors, a daylight basement with private entry, multiple living spaces, and unbeatable walkability to UGA and Milledge Avenue, this is the kind of location and legacy rental rarely available. Owner financing is available and preferred, making this a rare opportunity for investors seeking a profitable and prestigious investment. Five Points is Athens' most iconic and beloved neighborhood, known for its walkability, charm, and vibrant community atmosphere. Tree-lined streets lead to locally owned coffee shops, restaurants, boutiques, and neighborhood markets, all just steps from this home. With UGA, Memorial Park, and Beechwood Shopping Center nearby, you're never far from what matters. Excellent schools, historic architecture, and a true sense of community make Five Points a top choice for homeowners and investors alike. Whether you're strolling to breakfast, enjoying a football Saturday, or taking a sunset walk, living in Five Points means experiencing the best of Athens every day.

Location

State GA

County Clarke

Interior

Heating Central

Cooling Electric,Window Unit(s)

Flooring Tile

Fireplaces Number 1

Fireplaces Type Family Room

Laundry In Basement

Exterior

Parking Features None

Community Features Near Public Transport,Walk To Schools,Near Shopping

Utilities Available Cable Available,Electricity Available,Sewer Available,Water Available

View Y/N No

Roof Type Composition

Building

Lot Description Level

Sewer Public Sewer

Water Public

Structure Type Brick,Stone

New Construction No

Schools

Elementary Schools Barrow

Middle Schools Clarke

High Schools Clarke Central

Others

Special Listing Condition Resale

View More
Favorite Go Tour