Address
14 COVINGTON/ Porterdale/monroe Property Package Street, Covington, GA
Price
$ 2,999,999
Property Attributes
  • MLS#20170937
  • TypeMulti-Family
  • CountyNEWTON
  • CityCovington
  • Zip30014
  • StyleMulti Family,Duplex,Quadruplex
  • Year Built1985
  • Taxes$ 23787
  • Price$ 2,999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7 Acres
Data Source:
Georgia MLS (GAMLS)
Property Description

For Sale is a 14 Property great cash flowing portfolio in one of the fastest growing areas in the state. All of these properties are in the cities of Covington, Porterdale and Monroe. The properties consist of 13 single family homes and 1 Quad. The properties unit mix are 4/2, 3/2, 3/1, 2/2, 2/1. All properties are fully rented with most tenants living there for over 2 years plus. The tenants pay their own utilities. These are easy self sufficient properties to maintain. All properties are in Newton County except for 1 single family and 1 quad. The rental income is strong with an opportunity to increase rents. The location of the properties is the key to this portfolio since they are in areas where big companies like Facebook, Rivian, 3 Rings Movie Studio and many more coming. Please request for supporting docs. Only serious buyers please. Seller/Agent

Elementary School Middle School High School
East Newton Elementary School Indian Creek Middle School Eastside High School
Price History
2/12/2024 Listed $2,999,999

General Features

Sewer Public Sewer
Heating Electric
Cooling Electric
Utilities Electricity Individual Meters
Association Fee Includes None
Construction Materials Other
Year Built 1985
Levels Two
Property SubType Multi Family,Duplex,Quadruplex
Tax Year 2023
Community Features None
County Newton
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage No
Subdivision Name none
Garage Y/N Yes
Status Active
Directions Please gps
ModificationTimestamp 2024-03-27T15:59:49.000Z
High School Eastside
City Covington
Buyer Agent Compensation 2
View Y/N No
Senior Community Y/N No
Total Units 17
Lot Size Square Feet 304920
Waterfront Y/N No
Carport Y/N No
Street Name Porterdale/monroe Property Package
Elementary School East Newton
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 23787
Home Warranty Y/N No
Middle/Junior High School Indian Creek
Property Condition Resale
Structure Type Multi Family,Duplex,House,Quadruplex
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Basement None
Total Fireplaces 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix Street
Electric On Property Y/N No
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Parking Features Garage
Water Source Public
Lot Size Area 7
Spa No
Lot Size Acres 7
Lot Size Units Acres
Lot Size Source Owner
Open Parking Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 30014

Price
AVG $3M
$3M
Taxes
AVG $23,787
$23,787
Visits
AVG 99
99
Data Provided by Inside Real Estate®
Year Built
AVG 1985
1985

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