(Covington, GA) 🏡Strategic Investment: Brick Ranch on 5 ACRES with $40K+ profit💰

Newton County, Covington, GA, 30016
Sold
Listed at: January 4th, 2024
Price
$230,000
Sq. Footage
1924
Type
Single-Family
Parking
Attached Garage
Year build
1976
Lot size
5.00 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

🏡Strategic Investment: Brick Ranch on 5 ACRES with $40K+ profit💰

Welcome to your dream home nestled on 5 acres of blissful landscape, less than an hour away from the vibrant heart of Downtown Atlanta.

Embrace the great outdoors on your estate which provides a serene backdrop for outdoor activities. Explore the potential to subdivide the lot, whether you envision a garden retreat, equestrian sanctuary, or a future development project.


KEY DETAILS

3 Bed / 2 Bath

1924 Sqft.

Attached 2 Car Garage

5 Acres

Slab Foundation

New Hot Water Heater & HVAC in 2019

Roof is 15 Years Old


PHOTO LINK

ASKING PRICE $230K

ARV $340K

PREFERRED LENDER LINK


COMPS

485 County Line Rd. W Covington, GA 30016 - SOLD $333K

3 Bed / 2 Bath - Built 2002 - 1085 Sqft. - 4.55 Acres

30 Oaks Dr. Covington, GA 30016 - SOLD $340K

4 Bed / 2 Bath - Built 1997 - 2.10 Acres

100 Chestnut Dr. Covington, GA 30016 - FOR SALE AS-IS $299K

3 Bed / 2 Bath - Built 2000 - 1944 Sqft. - 0.71 Acres

221 Island Shoals Rd. Covington, GA 30016 - FOR SALE AS-IS $280K

3 Bed / 2 Bath - Built 1997 - 1234 Sqft. - 1.56 Acres

10 Cypress Dr. Covington, GA 30016 - FOR RENT $1845/ mo.

3 Bed / 2 Bath - 1644 Sqft. - 1.27 Acres

40 Acorn Way Covington, GA 30016 - FOR RENT $1775/ mo.

3 Bed / 2 Bath - 1503 Sqft. - 0.73 Acres


PLEASE CALL TO SCHEDULE SHOWINGS

*TENTATIVE CLOSE DATE 02/29/2024*

PROPERTY IS OCCUPIED - DELIVERED VACANT

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jessica Atkins

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Disposition manager