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.
MLS# | 10413052 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1948 |
Days On Site | 94 |
Listing Provided By | Algin Realty, Inc. | Ginny E. Vanoostrom |
Basement | Y |
---|---|
Story(s) | 2 |
Units | 4 |
Acreage | 1.08 |
State | GA |
---|---|
County | Newton |
City | Covington |
Zip Code | 30014 |
School District | Eastside |
Elementary School | Porterdale |
Middle School | Clements |
High School | Eastside |
Listing VS Median (in 30014) | |
Price: $645,000 low | high Med: $355,745 On Site: 94 low | high Med: 488.000000 |