284 Covington Street

Loganville, GA 30052

About this property

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.

About this property

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.

Features and Additional Information

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$499,900 Active
0 SqFt

Presented By Coldwell Banker Commercial Upchurch Realty

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1-770-394-2131
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Area Information

| Walton County | None

$ 499,900
This listing is play_arrow 54.6% lower than the average in the area
$ 1,100,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
117 days on site
This listing is play_arrow 55.7% below the average in the area
264 days on site in the area

Schools in the Area

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    Elementary School
    Out of Area
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    Middle School
    Other
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    High School
    Out of Area

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Listed By Timothy J. Lynn
Brokerage: Harry Norman Realtors

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