COVINGTON, GA 30014

Covington Green Acres Duplex | Two 2BD/1BA Units | $154.9K | $230K ARV

Two-unit rental investment opportunity in Covington's established Green Acres neighborhood with potential for $3,500 in combined monthly rental income! Each unit features 2 bedrooms and 1 bathroom, offering two separate income streams on a spacious 0.43-acre lot. Located just minutes from Historic Downtown Covington, this property presents an attractive opportunity for a savvy landlord looking to renovate, rent, and build long-term cash flow.

Property Highlights

• Duplex / Two-Unit Rental Property
• 2 Bedrooms / 1 Bathroom Per Unit
• 4 Bedrooms / 2 Bathrooms Combined
• 1,536 Total SqFt Across Both Units
• 0.43 Acre Lot
• Two Separate Rental Income Streams
• Potential Combined Rent: $3,500/Month ($42,000/Year)
• Attractive Opportunity for Buy-and-Hold Investors
• Estimated Reno: $25,000
• Buy Now: $154,900
• ARV: $230,000

Neighborhood Highlights

• Located in Green Acres, an established residential subdivision in Covington, Newton County, known for mature trees, quiet streets, and a suburban atmosphere
• Neighborhood features winding residential roads, cul-de-sacs, wooded surroundings, and a small community lake
• Approximately 1.1 miles from Historic Covington Square, featuring boutique shopping, restaurants, cafés, and community events
• Convenient access to I-20 for commuting toward Atlanta and surrounding employment centers
• Close to shopping, grocery stores, and everyday conveniences throughout Covington
• Peaceful, country-like residential setting while remaining minutes from downtown amenities

Bring Your Savvy Landlord! Two rental units, a manageable renovation budget, and the potential for $3,000 in combined monthly rent make this an opportunity worth evaluating for long-term income.

Rental figures are projections, not guaranteed income. Buyers should verify achievable rents, occupancy, and operating expenses.

Call/Text Joshua Shifrin — 917-767-7675 for access or questions.

Disclaimer

Broker participation is welcome at 3% on top of the buy now price. Approximately 4–5 weeks for closing. Selling “as-is.” Buyer is responsible for all closing costs and title insurance. Firm on price: Any offer below asking will not be considered.Cash or Hard Money Loans Only! Strongly prefer Merino and Associates as the title company. Permits have been pulled and closed for the addition.