2175 Emory Street NW Covington, GA $ 650,000
2175 Emory Street NW
$ 650,000
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2175 Emory Street NW

Covington, GA, 30014
$ 650,000
Baths0.0 Sq 3,200

Monthly Estimate*

$ 4,320

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Studio

Commercial Property for sale in Covington, GA

for $650,000. This 3,200 square foot building was built in 1948 on a lot size of 1.08.

Here is the opportunity you have been looking for. Income producing, with plenty of room to increase rents. Operating hair salon on main floor. Separate rentals upstairs and downstairs, with separate entrances. Currently rented as businesses, but would be super easy to convert to residential and have two, 2 bedroom apartments. Additional building on the property with two 1 bedroom apartments in it. Both rented and cannot be shown without an accepted offer. Seller does not want tenants disturbed. Huge parking lot with plenty of space if you continue to rent main building commercial. Or..live upstairs and rent the rest. All of this, and you are right across from the County Municipal building. Currently making $75k a year, but has the ability to make over $120k. Seller uses part of the building. Showings are appointment only and can only be shown when businesses are closed. Pre-approval or proof of funds required prior to showing.

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Commercial Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,432

Style

Office

Lot Size

1.08

Year Built

1948

Town/City

Covington

County/Region

Newton

MLS | Web ID

7388463

Features
General
Interior Features Other
Sewer Public Sewer
Heating Other
Cooling Other
Utilities Water Available
Possession Negotiable
Roof Other
Zoning C3
Security Features None
Construction Materials Stone Wood Siding
Year Built 1948
Electric Other
View Other
Levels Three Or More
Property SubType Office
Tax Year 2023
Gross Income 0
Business Type Other Professional/Office Retail
Waterfront Features N
Accessibility None
County Newton - GA
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale
HOA / Comm Assn No
Energy Efficient None
Green Energy Generation None
Other Structures None
Status Active
Directions From Loganville take Hwy 81 toward Covington to downtown to right onto 2175 Emory St. NW Covington.
City Covington
Body of Water None
Property Attached Y/N No
Tax Annual Amount 3432
Home Warranty Y/N No
Property Condition Resale
Days on Market 6
Standard Status Active
Occupancy Type Tenant
Tax Lot /
Cap Rate 0
Legal Description /
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Interior
Basement Other
Flooring Other
Window Features None
Total Baths 0
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Exterior
Fencing None
Parking Features Parking Lot
Lot Features Other
Water Source Public
Total Parking 20
Foundation Details Block
Number of Buildings 2
Building Area Total 3200
Lot Dimensions 0
Lot Size Acres 1.08
Road Surface Type Paved
Lot Size Source Other
Road Frontage Type Other
Other Equipment None
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Internal Only
Street Number 1 2175
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* Excluded Features
List By
Evelyn Vanoostrom

Listing Agent

Algin Realty, Inc.

Broker

alginrealty@gmail.com

Email

Affordability Calculator

$4,606
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$286
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1928881 Elementary School
1929148 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$650,000 Listed Price

Map


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2175 Emory Street NW, Covington, GA, 30014 is a Commercial Property for sale at $650,000 with 3,200 sqft and a lot size of 1.08. 2175 Emory Street NW is a studio with 0.0 baths and was built in 1948. The property's zip code is 30014 which is in Covington, GA