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284 Covington Street, Loganville, GA 30052

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For Sale

$499,900

0.8 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • 0.8 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Great opportunity for consistent rental income and potential future development as commercial property! This charming home, built in 1900, is situated on a convenient corner lot and currently features three rental units, all with long-term month-to-month tenants. Each unit boasts its own unique character: two are located on the ground floor, while the third is on the second floor. Unit #1 features high ceilings, a study, a kitchen with a breakfast room, a second bedroom, a full bath, and a dedicated laundry room. Unit #2 includes a living room, a galley kitchen, a primary and a secondary bedroom, and a full bath, sharing a laundry room with Unit #3. Unit #3, located on the second floor, offers a primary and a secondary bedroom, a dining room, a kitchen, a full bath, and both front and rear stairways, while also sharing the laundry room with Unit #2. The property has ample parking and a covered carport for Unit #1. Its prime location provides easy access to shopping, schools, and more in Loganville. With a planned medical facility across the street, this property could generate steady rental income for future employees or be converted to commercial use.
MLS# 7477355

Courtesy Of Harry Norman, Realtors

(770) 394-2131

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.8 Acres

Map and Directions

Directions to 284 Covington Street, Loganville, GA 30052

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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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