2505 W Broad Street, Athens, GA 30606
MULTI_FAMILY - Athens, GA
- Added:
- Jun 8, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 17 at 8:06 am
Property Features for 2505 W Broad Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2
- Exterior features
- Balcony
- Appliances
- Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 121D1-E-007
- Size
- 1,410 SF
- Lot size
- 0.01 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SUBD BLK: B-7,LOT: 321;
- Tax Annual Amount
- 2079
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Vinyl, Carpet
- Building materials
- Wood Siding
Listing agent Mike Leggett License #400427 (706) 202-5259
Listing office Greater Athens Properties 575 N Harris Street, Athens, GA (706) 510-5189
Listing date Jun 8, 2026
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3‑bedroom, 2‑bath condo in the Rivers Edge community
- Balcony with wood siding exterior
- Central air cooling plus electric heating
- Recently repainted unit and brand‑new carpeting in the bedrooms
- Kitchen appliances include dishwasher, oven, range, and refrigerator
- Public water and public sewer service
Overview
The property is located within the Rivers Edge community in Athens, Georgia. Public remarks indicate the community setting is peaceful, and the home is positioned just minutes from UGA as well as downtown Athens and local dining, shopping, and entertainment. The address provided is 2505 W Broad Street, Athens, GA 30606, and the property is listed under RM-2 zoning.
For buyers seeking a ready-to-occupy residential unit, this layout offers three well-proportioned bedrooms suited to roommates, a home office, or guest space, supported by two full baths for convenient day-to-day use. The condition updates noted in the remarks reduce the need for immediate interior work, while condo-style exterior maintenance can help simplify ongoing ownership. Schedule a private tour to review the space in person and confirm fit with your plans.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.5k | $21.60 |
| − Vacancy | −$1.8k | −$1.25 |
| EGI | $28.7k | $20.35 |
| − OpEx | −$12.9k | −$9.16 |
| NOI | $15.8k | $11.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.421681
- Latitude
- 33.945757
