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Investment Highlights

  • Three detached, individually restored cottages on one 0.65-acre lot — six bedrooms, three baths, 2,208 SF total.
  • Every cottage taken to the studs and rebuilt in 2017 — granite counters, stainless appliances, ceramic tile and LVP flooring, brushed-nickel fixtures,
  • Nine parking spaces — two dedicated on site per cottage plus three on-street passes.
  • One block off downtown Athens. Walk Score 85 at this address against an Athens average of 27.
  • No HOA, no dues, no shared walls. Each cottage has its own 100 SF deck with built-in bench seating and its own yard.
  • Live in one and lease the other two, lease all three, or three families take one cottage each. No configuration requires a shared wall.

Executive Summary

Three detached restored cottages on 0.65 acres, one block off downtown Athens. The Cottages at 559 Pulaski Street are comprised of 3 separate two-bedroom, one-bath homes, totaling six bedrooms, three baths and 2,208 square feet in all. The houses sit roughly 100 feet off the street behind green space and mature landscaping. No shared walls, no association, no dues.
Every cottage was fully renovated down to the studs and rebuilt in 2017: ceramic tile and LVP flooring, granite countertops, stainless steel appliances, brushed-nickel fixtures, and a washer and dryer in every unit. All-electric and energy efficient with a heat pump, double thermal windows, block construction and a metal roof. Tenant utilities have historically run $60 to $85 a month. Each home has its own 100 square foot deck with built-in bench seating, two dedicated parking spaces, and access to three additional on-street passes for a total of nine spaces for the property.
Zoned RS-8. Three detached principal dwellings on a single lot this close to downtown could not be built today. Live in one and lease the other two, lease all three, or put three families on one deed with a private house apiece. Offered for cash, conventional financing or 1031 exchange. Tenant occupied — appointment only, please do not disturb tenants.

Property Facts

Price $1,299,000
Price Per SF $588.32
Sale Type Investment
Sale Condition 1031 Exchange
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
Building Class C
Lot Size 0.65 AC
Building Size 2,208 SF
No. Stories 1
Year Built/Renovated 1960/2017
Parking Ratio 2.72/1,000 SF
Zoning RS-8 - Single Family: RS-8

Amenities

  • Air Conditioning
Moderately walkable
60/100
Moderately drivable
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
163C4-C-016
Land Assessment
$58,500
Improvements Assessment
$206,392
Total Assessment
$264,892
  • Listing ID: 41944448

  • Date on Market: 8/31/2026

  • Last Updated:

  • Address: 559 Pulaski St, Athens, GA 30601

Contact the Sale Advisor

559 Pulaski St - The Cottages

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