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Charlie Dean

charliedean@anchorhomerealtyga.com +1(770) 401-3241

$ 420,000

Est. payment -/mo

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Price Dropped by $15K

150 Creekwood DR Athens, GA 30606

0.55 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Creekwood Estates

MLS Listing ID 10702669

HOA Y/N No

Year Built 1981

Annual Tax Amount $1,583

Tax Year 2024

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions 23958

Property Sub-Type Multi Family,Triplex

Source Georgia MLS 2

Property Description

Investor Opportunity - Fully Leased Triplex in Prime Athens Location. Excellent income-producing investment opportunity in Athens! This well-maintained triplex at 150 Creekwood Drive is currently generating $3,100 per month in rental income with established tenants already in place, offering immediate cash flow from day one. The property features three 2-BR, 1-BA units, each with functional layouts attractive to long-term renters. The basement unit includes a private garage, adding additional value and tenant appeal. All leases are secured through July 2026, providing stability and predictable income for the next owner. Ideally situated in a convenient Athens location, the property offers easy access to Downtown Athens, the University of Georgia campus, Athens Technical College, shopping, dining, and major commuter routes including Loop 10 and Hwy 78. Its proximity to employment centers, schools, and everyday amenities continues to support strong rental demand. Whether you're expanding your portfolio or entering the Athens investment market, this turnkey triplex presents a solid opportunity with reliable income and future upside potential.

Location

State GA

County Clarke

Rooms

Bedroom Description No

Basement Finished

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Exterior

Parking Features Off Street

Garage Spaces 6.0

Community Features None

Utilities Available Underground Utilities

View Y/N No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Faces FROM GA-10 LOOP W, TAKE EXIT 15. TURN LEFT ON OGLETHORPE AVE. CONTINUE ON TALLASSEE RD. TAKE 2ND EXIT AT TRAFFIC CIRCLE TO STAY ON TALLASSEE RD. TURN LEFT ON VAUGHN RD. TURN LEFT ON CREEKWOOD DR. HOME ON RIGHT.

Sewer Septic Tank

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Oglethorpe Avenue

Middle Schools Burney Harris Lyons

High Schools Clarke Central

Others

HOA Fee Include None

Tax ID 064C1 024

Special Listing Condition Resale