475 Meigs Street

  • $1,995,000
  • Property Type:
  • Location:
  • Beds: 5
  • Baths: 4
  • Sq Ft: 3,818
  • Lot Sq Ft: 0.210 acres
  • Acres: 0.210

Incredible, once in a lifetime opportunity to own a beautifully restored, fully furnished Gothic Revival home with multi-family zoning in Cobbham Historic District. 475 Meigs Street is an Athens icon with one-of-a-kind architectural features recognizable by anyone who has spent even a short amount of time in our fair city. The original property comprising half of a city block served as one of Athens’ first schools, The Meigs Street School, until 1918. Many of the original structures still stand today and have been converted into residences. The home, constructed c. 1873, is sited a notable distance from the street which allows a delightful fenced front yard – a gardener’s paradise with many mature trees, colorful flora, and a sizable water feature with Koi fish. There are many areas of the yard to entertain friends and family, and you can wave to passersby who are walking to Downtown Athens or the multiple restaurants in between. The excellent location has aided the current owners’ success in operating Airbnbs out of the primary and secondary units to the tune of 65K annually when renting the secondary units and 100k in total when offering the primary level for short-term occupancy. After climbing the brick front steps, you reach the deck that flanks the French Doors. Upon entry, a breathtaking view of the greatroom enveloped in natural lighting courtesy of four restored, triple-hung windows. Heart of pine flooring runs throughout the main level of the home with exception to the oak inlay at the center of the greatroom and Brazilian Cherry in the Primary Suite. Wide baseboards, gorgeous moldings, and stately columns are a testament to the craftsmanship of yesteryear. The floorpan lends itself to entertaining and dinner parties with a dining area that seats up to twelve. The kitchen features ample custom cabinetry, stainless steel appliances including a double wall oven, granite countertops, and another gorgeous, triple-hung window. The Primary Suite features Brazilian Cherry floors and a spacious ensuite bathroom with wide vanity, Jacuzzi tub, and separate shower. Through the ensuite bathroom is the walk-in closet complete with custom closet system and eye-level windows spanning the length of the outside wall. Two secondary bedrooms, one featuring a custom loft, share a hall bathroom. The laundry room has a wall of storage shelves perfect for your sundries and houseplants. 475 Meigs Street is zoned Multi-Family and consists of three unique living spaces. The main level consists of three bedrooms, two bathrooms, and has soaring ceilings. Upstairs, you will find the Mother-In-Law Suite or separate apartment featuring ample living space, two bedrooms, a full kitchen, full bathroom, and laundry. Multiple skylights and clerestory windows bring in the sunlight while also allowing extra privacy. Ample built-in storage and closets in this suite to boot. An adorable cottage located in the side yard has a studio layout to include a full kitchen and bathroom plus a lofted bed. The current owners have experienced great success with Airbnb by renting out the guest suites as well as the main living quarters. Need more storage? The 500+ square foot unfinished basement is perfect for hiding your excess possessions, creating a man-cave, or workshop. This is the epitome of In-Town Athens living – walk, roll, or scoot to all the excellent dining and shopping options on the Prince Avenue Corridor, Bottleworks, and Downtown Athens. The University of Georgia’s historic North Campus is just a stone’s throw away. Combine the unbeatable location with Johnnie Lay Burks Elementary zoning (formerly Chase Street Elementary) plus the unique opportunities that multi-family zoning affords the future owner for passive income whilst living in your historic dream home. Schedule your private tour today!

Price: $1,995,000
Address:475 Meigs Street
County:Clarke Co.
Zip Code:30606
Year Built:1873
Square Feet:3,818
Lot Square Feet:0.210 acres
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