Loganville, GA 30052,284 Covington
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Loganville, GA 30052,284 Covington
Loganville, GA 30052,284 Covington
Loganville, GA 30052,284 Covington
Loganville, GA 30052,284 Covington
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$ 499,900
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284 Covington Loganville, GA 30052

0.8 Acres Lot


UPDATED:

11/08/2024 06:06 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family,Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10402554

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1900

Annual Tax Amount $1,993

Tax Year 2024

Lot Size 0.800 Acres

Acres 0.8

Lot Dimensions 34848

Property Description

Great opportunity for consistent rental income and potential future development as commercial property! This charming home, built in 1900, is situated on a convenient corner lot and currently features three rental units, all with long-term month-to-month tenants. Each unit boasts its own unique character: two are located on the ground floor, while the third is on the second floor. Unit #1 features high ceilings, a study, a kitchen with a breakfast room, a second bedroom, a full bath, and a dedicated laundry room. Unit #2 includes a living room, a galley kitchen, a primary and a secondary bedroom, and a full bath, sharing a laundry room with Unit #3. Unit #3, located on the second floor, offers a primary and a secondary bedroom, a dining room, a kitchen, a full bath, and both front and rear stairways, while also sharing the laundry room with Unit #2. The property has ample parking and a covered carport for Unit #1. Its prime location provides easy access to shopping, schools, and more in Loganville. With a planned medical facility across the street, this property could generate steady rental income for future employees or be converted to commercial use.

Location

State GA

County Walton

Rooms

Basement Crawl Space

Interior

Heating Central, Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport, Off Street, Over 1 Space per Unit

Garage Spaces 6.0

Community Features Near Shopping

Utilities Available Electricity Individual Meters, Gas Individual Meters, Sewer Connected

View Y/N No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Faces Use GPS

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Out Of Area

Middle Schools Other

High Schools Out Of Area

Others

HOA Fee Include None

Tax ID LG100159

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition Resale


Georgia MLS - GAMLS

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agent

Holly Nelson

Associate Broker | License ID: 248829

+1(706) 455-7400

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284 Covington