1995 Lexington Rd, 5 Properties on Hollis St.
$325,000
1995 Lexington Rd, 5 Properties on Hollis St. Athens, GA 30605
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About this listing
These 13 parcels are located just off of Lexington Road in East Athens approximately 2 miles from downtown Athens and 1 mile from the Loop-10 interchange. All properties are contiguous, and most duplexes and vacant lots share a dead-end road. Not far from the properties sits the Athens Ben Epps Airport property.
This value-add multifamily opportunity consists of one single family house, 6 duplexes, and 5 vacant lots. The single-family home at 1995 Lexington Road has 3 bedrooms and 1.5 bathrooms with a carport and fenced in yard. 1995 Lexington Road has access from Lexington Road as well as Mabry Dr. Each duplex is 1 bedroom and 1 bathroom, several boasting carports. New roofs were installed in 2022, Periodic upgrades have been made, and most units have LVP flooring. Most of the tenants have been in place for several years and most leases are month-to-month.
The five vacant lots are all sized within the .46 - .49 acres range and are also zoned RS-5, which brings potential development opportunity with additional single-family structures.
