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35 Plum Orchard

Covington, GA 30016
  • $280,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 10132474
UPDATED: 41 min ago
$280,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great duplex rental investment property that was recently renovated (Unit B). Over $50K of renovations! Such recent improvements include: A Brand New Roof, new exterior siding, gutters, LVP flooring, paint, granite countertops, painted and refinished cabinets, new appliances (dishwasher, gas range oven), patio rebuilt, light fixtures, as well as other renovations to make it turn key! Current long term tenant is paying undermarket rent at $650 a month. Come April, 2023 tenant's rent increases to $715 a month. Multiple prospective applicants have offered $1200 a month for Unit B. Both units have cozy fireplaces. Nice Schools nearby. NO HOA! Net Cap rate is ~7%!!!! Turnkey key for an investor or owner occupant. Property is SOLD AS IS with No Seller Disclosure forms. Listing Assistant has interest in subject property.

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Georgia MLS logo© 2023 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than EXP Georgia are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or EXP Georgia. Data last updated: 2023-03-26T18:06:05.263.
www.southatlantaliving.com/homes/137080565
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35 Plum Orchard Covington, GA 30016

  • Price: $280,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 41 min ago
  • MLS #: 10132474
0
Beds
0
Baths
0
½ Baths
0.7
Acres
1984
Built
Neighborhood:
Plum Orchard
County:
Newton
Area:
NEWTON
Elementary School:
West Newton
Middle School:
Veterans Memorial
High School:
Newton
Property Description
Great duplex rental investment property that was recently renovated (Unit B). Over $50K of renovations! Such recent improvements include: A Brand New Roof, new exterior siding, gutters, LVP flooring, paint, granite countertops, painted and refinished cabinets, new appliances (dishwasher, gas range oven), patio rebuilt, light fixtures, as well as other renovations to make it turn key! Current long term tenant is paying undermarket rent at $650 a month. Come April, 2023 tenant's rent increases to $715 a month. Multiple prospective applicants have offered $1200 a month for Unit B. Both units have cozy fireplaces. Nice Schools nearby. NO HOA! Net Cap rate is ~7%!!!! Turnkey key for an investor or owner occupant. Property is SOLD AS IS with No Seller Disclosure forms. Listing Assistant has interest in subject property.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Concrete Garage YN No Levels One Lot Size Area 30492 Lot Size Source Public Records Lot Size Units Square Feet Parking Features None

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Ceiling Fan(S)Central Air Cooling YN Yes Fireplace YN Yes Fireplaces Total 2 Heating Forced Air Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee Includes None Association YN No Community Features None New Construction YN No Property Condition Resale Property Sub Type Multi Family Sewer Septic Tank Structure Type Duplex Tax Annual Amount 1237 Tax Year 2022 Utilities Electricity Individual MetersGas Individual MetersUnderground Utilities Water Source Public

GAMLS logo Listing provided courtesy of America Realty Llc: 954-646-4788. © 2023 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2023 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than EXP Georgia are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or EXP Georgia. Data last updated: 2023-03-26T18:06:05.263.
 
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EXP Georgia
103 Westpark Dr, Suite A
Peachtree City GA, 30269