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524 Hill St

Athens GA 30606

8
3
1
4874 sq. ft.
24394 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Rare opportunity to own a high-visibility corner property at the intersection of Milledge Avenue and Hill Street, one of Athens’ most recognizable and heavily traveled locations. This spacious 8-bedroom property is currently occupied by commercial tenants, providing immediate income potential, while also offering the flexibility to be rezoned for residential use. With its prime location near UGA, downtown Athens, and established residential neighborhoods, this property presents a compelling investment for those seeking long-term appreciation, redevelopment, or income generation. The existing layout allows for multiple use scenarios, including residential conversion, student housing, or continued commercial operation (buyer to verify zoning and use). Highlights:     •    Prime corner lot at Milledge Ave & Hill St     •    8 bedrooms / 3 half baths     •    Currently income-producing with commercial tenants     •    Potential for rezoning to residential     •    Excellent visibility and accessibility     •    Strong investment and redevelopment potential     •    Close to University of Georgia, downtown, and campus amenities Ideal for investors looking to reposition a well-located property in a high-demand Athens market. Whether held as a rental, redeveloped, or converted to residential use, this property offers versatility and upside rarely found at this location. Reach out to Heather for more info on commercial tenants and timing.

Features

8 bedrooms
3 bathrooms
1 carspace
1 garage space
4874 sq. ft. floor area
24394 sq. ft. lot size
Single-Family

Property history for 524 Hill St

2022
Sold
Undisclosed
28 Apr 2022

Happy sellers in Athens

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Local market activity for 8 bedroom single-family properties in Athens

In the last 12 months, 1 eight-bedroom single-family similar to 524 Hill St, have been sold.

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