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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 10233686
Sold Date 01/31/24
Style Traditional
Bedrooms 2
Full Baths 2
HOA Fees $1,320
HOA Y/N Yes
Year Built 1984
Annual Tax Amount $1,183
Tax Year 2023
Property Sub-Type Condominium
Source Georgia MLS 2
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 Condominiumsaan 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. aHigh 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
Rooms
Basement None
Dining Room Separate Room
Interior
Interior Features Other
Heating Electric, Central
Cooling Electric, Central Air
Flooring Carpet, Vinyl
Fireplaces Number 1
Fireplace Yes
Appliance Dryer, Washer, Dishwasher, Oven/Range (Combo), Refrigerator
Laundry Laundry Closet
Exterior
Parking Features Guest, Over 1 Space per Unit
Garage Spaces 2.0
Community Features Street Lights, Tennis Court(s), Near Public Transport, Near Shopping
Utilities Available Cable Available
View Y/N No
Roof Type Tar/Gravel
Total Parking Spaces 2
Garage No
Private Pool No
Building
Lot Description Level
Faces Head west on US-129 S/US-29 S/US-441 S/US-78 W. Take exit 4A to merge onto GA-15 S/US-129 S/US-441 S toward GA-15/Watkinsville/Madison. Make a U-turn, Continue onto Timothy Rd. Turn right onto Epps Bridge Pkwy. Continue straight onto US-78 BUS E. Drive to your destination. Turn right, Turn left. The destination will be on the right
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Other,Wood Siding
New Construction No
Schools
Elementary Schools Alps Road
Middle Schools Clarke
High Schools Clarke Central
Others
HOA Fee Include Maintenance Structure,Maintenance Grounds,Management Fee,Other,Pest Control,Tennis,Trash
Tax ID 121D1 E014
Special Listing Condition Resale
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