14 COVINGTON/ Porterdale/monroe Property Package Street Covington, GA ^$ 2,999,999

14 COVINGTON/ Porterdale/monroe Property Package Street

^$ 2,999,999

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14 COVINGTON/ Porterdale/monroe Property Package Street

Covington, GA, 30014

^$ 2,999,999

Studio Baths0.0

Monthly Estimate*

^$ 20,956

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Studio

Multi-Family Home for sale in Covington, GA

for $2,999,999. This home was built in 1985 on a lot size of 7.

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

Multi-Family Active

Price

^$ 2,999,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 23,787

Style

Multi Family,Duplex,Quadruplex

Lot Size

Year Built

1985

Town/City

Covington

County/Region

Newton

MLS | Web ID

20170937

Features

General

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 N

Property Type Residential Income

HOA / Comm Assn N

Attached Garage N

Subdivision Name none

Garage Y/N Y

Status Active

Directions Please gps

High School Eastside

City Covington

Buyer Agent Compensation 2

View Y/N N

Senior Community Y/N N

Total Units 17

Lot Size Square Feet 304920

Waterfront Y/N N

Carport Y/N N

Street Name Porterdale/monroe Property Package

Elementary School East Newton

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 23787

Home Warranty Y/N N

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

Basement None

Total Fireplaces 3

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N Y

Street Suffix Street

Electric On Property Y/N N

Below Grade Finished Area Unit Type Square Feet

Above Grade Finished Area Unit Type Square Feet

Living Area Units Square Feet

Exterior

Parking Features Garage

Water Source Public

Lot Size Area 7

Spa N

Lot Size Acres 7

Lot Size Units Acres

Lot Size Source Owner

Open Parking Y/N N

Horse Y/N N

* Excluded Features

List By

Exit Integrity Realty

Broker

andremerkerson@gmail.com

Affordability Calculator

$22,938

Per Month

Monthly Principal & Interest: $20,956
Monthly Property Taxes: $1,982
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Covington, GA

Average List Price ^$937,500

Percent of Sale Price 69%

About Covington, GA

15,293 Population

37% Since 2002

^$35,900 Median Income

34.72 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4133578 Elementary School

4133844 Middle School

Eastside High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/12/2024	$2,999,999		Listed Price

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14 COVINGTON/ Porterdale/monroe Property Package Street, Covington, GA, 30014 is a Multi-Family Home for sale at $2,999,999 with a lot size of 7. 14 COVINGTON/ Porterdale/monroe Property Package Street is a studio with 0.0 baths and was built in 1985. The property's zip code is 30014 which is in Covington, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Weichert's are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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14 COVINGTON/ Porterdale/monroe Property Package Street

Multi-Family Home for sale in Covington, GA

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