Bought with Boardwalk Realty
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2505 W Broad ST Athens, GA 30606
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Key Details
Sold Price $145,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,540 sqft
Price per Sqft $94
Subdivision Rivers Edge
MLS Listing ID 1012502
Sold Date 01/31/24
Style Loft
Bedrooms 2
Full Baths 2
HOA Fees $180/mo
HOA Y/N Yes
Year Built 1984
Annual Tax Amount $1,183
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
Location
State GA
County Clarke Co.
Community Curbs, Public Transportation, Sidewalks, Tennis Court(S)
Rooms
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), Fireplace, High Ceilings, High Speed Internet, Cable TV, Entrance Foyer
Heating Central
Cooling Electric
Flooring Carpet, Luxury Vinyl Plank
Fireplaces Type One, Family Room
Fireplace Yes
Appliance Dryer, Dishwasher, Range, Refrigerator
Laundry Laundry Closet
Exterior
Parking Features Additional Parking, Parking Available
Community Features Curbs, Public Transportation, Sidewalks, Tennis Court(s)
Utilities Available Cable Available
Amenities Available Management, Sidewalks, Tennis Court(s)
Waterfront Description Creek
Water Access Desc Public
Total Parking Spaces 2
Building
Lot Description None
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Loft
Level or Stories Two
Schools
Elementary Schools Alps Road
Middle Schools Clarke Middle
High Schools Clarke Central
Others
HOA Name Athens Real Estate Group
HOA Fee Include Common Area Maintenance,Insurance,Tennis Courts,Trash
Tax ID 121D1 E014
Financing Conventional
Special Listing Condition None
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