284 Covington ST, Loganville, GA 30052 - MLS#10402554

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Virnalisi JohnsonKing

[email protected] +1(404) 290-6914

Listed by Timothy J. Lynn • Harry Norman Realtors

$499,900

Est. payment - /mo

0.8 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10402554

Construction Status Resale

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,993

Tax Year 2024

Lot Size 0.800 Acres

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

Exterior

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

Garage Spaces 6.0

Community Features Walk To Shopping

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

Building

Story Two

Foundation Block

Sewer Public Sewer

Level or Stories Two

Construction Status Resale

Schools

Elementary Schools Out Of Area

Middle Schools Other

High Schools Out Of Area

Others

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

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

Special Listing Condition As Is, Estate Owned

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Virnalisi JohnsonKing

+1(404) 290-6914

Agent | License ID: 144248

Agent License ID: 144248