284 Covington Street, Loganville, GA 30052

$415,000

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List Price
$415,000
Price Change
▼ $30,000 1778004177
MLS#
7617376
Status
ACTIVE
Type
Multifamily
Subtype
Triplex
Lot Size
0.8

Property Description

Back On Market No Fault To Seller! Buyer Could Not Obtain Financing- Home Appraised Way Above List Price. Finally, An Income-Producing Triplex In Downtown Loganville With 3 Total Units & Great Rental Potential. An Excellent Opportunity Awaits With This Well-Maintained Triplex In A Quiet, Convenient Loganville Location. The Property Includes Two 2-Bedroom, 1-Bath Units And One 3-Bedroom, 1-Bath Unit, Each Offering Spacious & Unique Layouts, Natural Light From Large Windows, Full Kitchens, Private Entrances & Laundry Rooms, Functional Living Areas Ideal For Tenants And/Or Owner-Occupants, And Beautiful Front Porches. Each Unit Features A Comfortable Living Room, A Full Kitchen, And A Dining Area, With Updated Finishes And Easy-to-Maintain Interiors. Unit A Has Been Recently Updated Featuring New Paint, Carpet, Windows, And Kitchen. The Huge Shared Parking Lot And Separate Driveway For One Unit Offers Ample Parking for All Residents. Located On Almost An Acre Lot In A Peaceful Street, This Property Provides Quick Access To Local Schools, Shopping, Dining, And Major Commuter Routes. Whether You're Looking to Expand Your Portfolio Or House-Hack By Living In One Unit And Renting The Others, This Triplex Delivers Steady Income Potential In A Growing Market. All Three Units Are Currently Occupied On A Month To Month Lease.

Additional Information

Stories
Two
Construction
Stone, Metal Siding, Concrete
Year Built
1900
Neighborhood Amenities
Near Schools
Roof
Shingle
Lot Dimensions
145x94x175x157x142
Parking
Parking Lot, Paved
Lot Desc
Corner Lot, Level, Private
Water
Public
Sewer
Public Sewer
Elementary School
Bay Creek
Middle School
Loganville
High School
Loganville
Acres
0.80
Levels
Two
Taxes
$2,712

Listing courtesy of Katie Arlt & Associates Real Estate.

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