$1,070,000
For Sale

153 Morton Avenue

Athens, GA 30605
3004 sqft | 5 beds | 3 baths | 0.25 acres | #1025044
Browse 17 photos
Type:Purchase
Structure:House
Zone:Residential

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 members of the Kappa Alpha Theta sorority 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.

  • Interior Details
      • InteriorCeiling Fans, Fireplace, Sun Room
    • Heating & Cooling
      • CoolingElectric, Window Units
      • HeatingCentral
    • Beds & Baths
      • Bedrooms5
      • Bathrooms3
      • Full Baths3
  • Property Details
      • Lot FeaturesLevel
      • Lot DescriptionLevel
    • Measurements
      • Acres0.25
      • Square Feet3004
    • Parking
      • Parking FeaturesNone, Other, See Remarks
  • Construction Details
      • Property Subtype AdditionalSingle Family Residence
      • BasementBathroom, Bedroom
      • Property TypePurchase
      • StyleCottage
    • Condition
      • Year Built1934
    • Material information
      • FoundationBasement
  • Utilities / Energy Details
      • AppliancesDryer, Dishwasher, Oven, Range, Refrigerator, Washer
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNo Recorded Subdivision
      • Community FeaturesCurbs
    • Location
      • Elementary SchoolBarrow Elementary
      • High SchoolClarke Central
      • Middle SchoolClarke Middle
      • CountyClarke Co.
  • Financial Details
      • Original List Price$1,070,000
      • Taxes Annual$7,473
      • Days on Market (Cumulative)14
  • Other
      • MLS #1025044

Location

Greater Athens PropertiesReal Estate Group
OR

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